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On 23 September 2008 the Paris CAC 40 Index was at 4223 (first chart above). The forecast was that it would drop more than 1500 points to a minimum level of 2700. It has now done this (second chart above).
To see the comments and forecast of 23 Sept 2008 for The Paris Bourse CAC 40 Index click on the following link to the appropriate Blog Archive:
http://donoghuecomputersystems.blogspot.com/2008/09/bear-is-bear-is-bear-even-in-paris-cest.html
As you can see from the latest chart above, the CAC 40 closed yesterday 25 Feb 2009 at 2696.92.
Note that the forecast drop from the Head and Shoulders pattern was a minimum target.
James Leo Donoghue
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