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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (58442)	11/2/2002 8:42:48 PM
From: the-phoenix	Read Replies (1) of 209892

Regarding that forecast, it raises a question or two about historical precedent for market moves ahead of election day and/or FOMC announcements. While generally we think of these as "rally events", the action immediately preceding the "day of" is of interest. Does anyone have any historical data on market movement the day before and day of an election? Similarly, what is the norm for the Monday and Tuesday preceding a 2 Day FOMC meeting/announcement? Thanks, Phoenix

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