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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (36357)	1/2/2000 10:42:00 AM
From: Les H	Read Replies (3) \| Respond to of 99985

Current Observations (Stock Market Cycles) Since 1900, 7 of the 10 years ending in zero have seen tops of varying importance occur within the first two trading days of the zero year. Some of the January zero year tops were secondary tops i.e. more important tops had already been seen, but all of the 7 noted years headed down within the first 2 trading days of the year. Here are the results: 1900? Top on January 2 (1st trading day of the year) was the highest close of the next 10 months, except for February 5 which closed 0.3% higher 1910? Top on January 3 (1st trading day) was the highest close of the next 5 years and 7 months 1920? January 3, 1920 (2nd trading day) was the highest close of the next 5 years 1940? January 3 (2nd trading day) was the highest close of the next 5 years 1960? January 4 (2nd trading day) was the highest close of the next 16 months 1970? January 5 (2nd trading day) was the highest close of the next 11 months 1990? January 2 (1st trading day) was the highest close of the next 4 months 2000? ????? Since 1920, the market in the first 2 market days of January of the zero year has tipped us off whether the pattern would work that year or not. If the Dow close on either the first or second trading day of the New Year is higher than the highest close in the preceding month (December), then the pattern is scheduled to work i.e. a top of some significance should be marked by the high close of the first two trading days. In the only three zero years that have not seen the pattern work this century (1930, 1950, and 1980), the first two trading days of the zero year did not see a close which exceeded the prior month's (December) high close.