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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (16252)	9/10/1998 12:25:00 PM
From: Iceberg	Read Replies (1) of 53068

Dan, as I recall, Nixon resigned [I think] in Aug of 74. The DJIA dropped for several months before and after his resignation. Here are some dates and numbers for the DJIA: Jan 73: 1046 Jan 74: 861 Jun 74: 853 Aug 74: 785 Sep 74: 678 Jan 75: 641 Jan 76: 899 As you can see, the DJIA was lower AFTER his resignation than before, but the entire year of 1974 sank lower. How much any of that had to do with Nixon, I don't know. Ice

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