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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.89+0.3%Dec 3 4:00 PM EST
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To: Tom Pulley who wrote (83608)1/2/2003 2:34:58 PM
From: Casaubon  Read Replies (1) of 99985
 
maybe there is a logical reason the third year of the Presidents term is nearly always a positive year and it happens again

I read an interesting analysis about this phenomenon. The argument boils down to this: Presidents don't take any chances during this time frame trying to enact unpopular changes. Therefore, the do nothing gov't can't negatively impact the market.

PS great results in '02. Keep it coming!
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