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To: pater tenebrarum who wrote (80050)12/16/1999 5:14:00 PM
From: Les H  Read Replies (1) | Respond to of 86076
 
Here's an interesting statistical study I heard on the radio. The Dow utilities have a historical correlation of 8 weeks with the market. The past 18 months there's been a negative 7 week correlation. The more the Dow utility average tanks, the more bullish for the market. So, a high at end of January.