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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (60053)1/20/2001 5:10:40 PM
From: JHP  Read Replies (2) of 436258
 
Earlie were have you been?<G> This is the bulls answer to interest rate reductions:

There have been 79 discount rate cuts in the 84 year history of the fed. After the cuts, the DJI was up:
74 % of time after 3 months
78% of time after 6 months
83% of time after 12 months.
This may not prove much but it sure is impressive.

regards john
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