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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: chartseer who wrote (9409)10/20/2010 5:55:35 PM
From: J.B.C.   of 9427
 
Investors have achieved biggest gains in the last quarter of a mid-term election year and the following quarter. So the 6-months from October 1st thru March 31st according to the Stock Traders Almanac going back to 1949.

Avg returns for that 6 month period is:
S&P500 - 6.1%
DJIA - 5.8%
NASD - 8.2%

Avg return for that same period during midterm election years:
S&P500 - 15.0%
DJIA - 14.4%
NASD - 24.0%

S&P 500 Chart:


1250 --------------------------|-------------------------------------------------- 1250
1240 | 1240
1230 | 1230
1220 | 1220
1210 | X 1210
1200 --------------------------|---X-O--------------------------------------------Top 1200
1190 | 4 O 1190
1180 | X 5 X 1180
1170 | X O X X 1170
1160 | X O X O A 1160
1150 --------------------------X---X-O-X-O-----------------------------X---------- 1150
1140 1 O X O X O X 1140
1130 X O X O X O X • X 1130
1120 C O 3 O X O X O X 8 • X 1120
1110 X O X O X O X O X O X O • X Med 1110
1100 ----------------------X---X-O-X-O-X-O-X---X---X-O-----X-O-X-O-X-•-X---------- 1100
1090 X O X O X O X O X O X O X O X X O O X O X 1090
1080 X X O X O X O X O X O X O X O X O X O X O X 1080
1070 X O X O X 2 X O O X 6 O X O X O X O • O 9 1070
1060 X O X O X O X O X O X O X O • O X 1060
1050 ------------------X-O-X-O-X-O-------O-------O---O-X-------•-----O-X---------- 1050
1040 X A X O X O X • O • 1040
1030 X X O X B | O X • • 1030
1020 X O X O | 7 • Bot 1020
1010 X X O X | • 1010
1000 ----------8-O-X-9---------|---------------------•---------------------------- 1000
990 X O X | • 990
980 X O | • 980
970 X | • 970
960 X | • 960
950 --X-------X---------------|-----------•-------------------------------------- 950
940 X O X | • 940
930 6 O X X | • 930
920 X O X O X | • 920
910 O X O X O X | • 910
900 O-X-O-X-7-X---------------|-•------------------------------------------------ 900
890 O X O O X • 890
880 O O X • | 880
870 O • | 870
860 • | 860
850 ------------------•-------|-------------------------------------------------- 850
840 • | 840
830 • | 830
820 • | 820
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