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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Justa Werkenstiff who wrote (7144)11/20/2001 10:14:54 PM
From: Math Junkie  Read Replies (1) of 99280
 
"Only three of the thirteen bear market cycles between 1941 and 1997 bottomed in the first year of a Presidential cycle with nine bottoming the second year and with 1987 being the exception with a third year bottom."

That means that 23% of the bear markets bottomed in the first year of a presidential cycle. That's only two percentage points away from what you would expect if it were random.
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