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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: American Spirit who wrote (56691)4/25/2002 4:39:24 PM
From: Psycho-Social  Read Replies (2) of 99280
 
Earnings Season:
As a matter of fact, we're just about midway through it, and the pattern for major sectors has pretty much been established. You may want to doublecheck your charts. Mine show the Nasdaq peaking on January 9th, at the start of Earnings season, and declining steadily to a Feb 22nd low. On a related matter, there is a positive seasonal Nasdaq pattern, per VTO Report, from April 25th thru May 6th. The indicators I used to pare my stock exposure a week ago have reversed themselves, although not dramatically, and that's why I've increased my stock exposure from about 58% to 80% as of yesterday's close.
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