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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (12451)2/2/2002 6:07:13 PM
From: John Pitera  Respond to of 23786
 
Certainly Mr T. I'm thinking about getting up some data on stock market seasonal tendencies.

You know from Sept of 1997 to August of 2000, the DJIA gained an average of 71.1 points per day on the first trading day of each month and only .6 points on all the other 700 days.

so 36 days, the first of each month produced 2559 DJIA point of advance out of the total advance of 2984.53.

Sept 2 1997 the DJIA was at 7622 and August 1 of 2000 the DJIA was at 10606.93.

Gloop was asking me about that on Jan 1st and I had to go look it up. It seems easier just get a bunch of this stuff of a couple of web pages where we can find it easy and remind each other of important dates, turning points etc.

I've been meaning to build a better check list for myself, but no need to horde the info........you know what Dr Evil sez.......

Need the Info people, Need the input -vbg-

The first trading day of Feb the last 4 years has seen gains of 213 points in 1998, -13 points in 1999, 100 in 2000, and 96 points in 2001.

so all other things being equal, we might have expected a stronger day yesterday than we received.

BUT the down day yesterday, tells us something in and of itself. The market's having troubles. It's similar to a market that sells off on good news or does not go down on bad news.

Every day there are many little stats and guideposts.