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


To: UnBelievable who wrote (53012)6/4/2000 2:47:00 PM
From: UnBelievable  Respond to of 99985
 
Don't Fight the Tape

Between June 2,1999 and June 2,2000 $COMPX increased by 57%.
Between June 2,1999 and June 2,2000 $SPX increased by 14%.

An investor buying stocks on June 2,1999 and selling them on the lowest closing day the each Index printed in 2000 would have provided a 30% (May 23,2000) return for an Investor in $COMPX and 3% (February 25,2000) return for an Investor in $SPX.