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To: Berney who wrote (4661)	11/17/1998 3:29:00 PM
From: John Harton	Read Replies (1) of 11051

Berney, MG et al. FWIW End of Year vs Begining of Year Rally Nov 15 96 Dec 31 96 High Low DJIA 6350* 6550 6560 6268 NASDAQ 1262 1292 1316 1254 INTC 59 66 GE 53 50 Nov 15 97 Dec 31 97 High Low DJIA 7700 7800 8149 7650 NASDAQ 1617 1570 1651 1499 INTC 80 71 GE 71 74 On the other hand Jan 1 96 Feb 15 96 Pts+ DJIA 5175 5550 375 Jan 1 97 Feb 15 97 DJIA 6450 6995 545 Jan 1 98 Feb 15 98 DJIA 7980 8370 390 Berney, I for one was surprised that August was the worst month rather than everyones whipping boy October. * The above numbers were read from line charts so are probably + or - 2pts or so. One thing about the EOY charts was that while there appeared to be small changes over the 45 days there was a good degree of volatility perhaps creating trading opportunities. IMHO the BOY looks like the best opportunity for that pent up 401k(thank you Gersh) money to flow in. BWDIK -John PS I had some nice spacing to make this easy to read but it compresses in preview mode . Sorry.

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