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To: limtex who wrote (70495)4/13/2000 7:30:00 PM
From: mmeggs  Read Replies (1) | Respond to of 152472
 
You know lim, that April/October thing is a crock. It's been true for two years -- '98 and '99. In April '97, for example, the Naz started at 1236. October 3rd, closed at 1715. That was a pretty good gain, no? (What's that, 40%?) Pretty much peaked at the end of February, sold off, then rebounded hard. In fact, late-April was the bottom for the year.

In '96 the rule was pretty much true. '95 it wasn't. '94 it didn't do much of anything the whole year.

So there you have it. Depending on your sample you could have a decent correlation. IMO, it's BS -- just one more thing people say without really taking a look at the numbers. Not to pick on you or anything, but to cash it in or predict malaise because of a "rule" like that is lame.

We may not go higher any time soon, but the time of the year ain't gonna have much to do with it.

Regards,

mmeggs



To: limtex who wrote (70495)4/13/2000 10:13:00 PM
From: Valueman  Read Replies (2) | Respond to of 152472
 
What exactly do you own that you are so devastated? You say this is the worst since '29? What the hell are you talking about? The DOW is fine, the S&P is fine, and the NAZ is barely lower for the year. I'd hate to see you in a real bear market.



To: limtex who wrote (70495)4/13/2000 11:03:00 PM
From: 99Dan  Respond to of 152472
 
Limtex

"Where is Battipaglia"

See comments from Joe B. in this post
Message 13420634



To: limtex who wrote (70495)4/14/2000 1:14:00 AM
From: Gerald Walls  Read Replies (1) | Respond to of 152472
 
Meanwhile did you read Cramer this evening? He sounds really depressed. I mean really.

Please provide the link so I can see what you believe "depression" is. I read all of his articles but I guess I missed the one you read.