<< Previous Topic | Next Topic >>Return to Index  

Election Cycles

October 19 2004 at 10:08 PM
StevenEspi 

 
I read this on another board. I did not confirm.

"Every year ending in 5 after a presidential election since 1925, the DJIA closed higher for the year. The market tended to bottom in March - April of the year. It didn't matter whether the office switched parties or remained unchanged. If the past repeats itself again, next year will be an up year."

It looks more like someone was looking for a pattern that fit. What's so significant about the 5 except that we have to wait 20 years for it to happen?

Steve

 
 Respond to this message   
AuthorReply

Re: Election Cycles

October 21 2004, 5:31 AM 

Steve,

Years ending in 5 have been up years for the market. Without doing the research, I can’t remember when there was an exception to that. I know that 1975, 1985, and 1995 were all very good years. I remember those.

There has never been a time when a team came from being down 3 games to none to win a playoff. The Red Sox just broke that string. I think 2005 will break the stock market string of years ending in 5 being up.

Larry

 
 
Current Topic - Election Cycles  Respond to this message   
  << Previous Topic | Next Topic >>Return to Index  
 Copyright © 1999-2009 Network54. All rights reserved.   Terms of Use   Privacy Statement