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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (69571)	5/31/2008 4:39:20 PM
From: Cogito	Respond to of 542147

>>Should have been the Dow Jones - let me check. You are right - good catch. I should be more careful on Friday night. The DJI chart shows the same thing. finance.yahoo.com^dji;range=my;indicator=volume;charttype=lin... << Bob - That chart is on too long a scale to really see what was going on in the 90's accurately. We don't need to start it in 1928. Here's a better version that encompasses just the 90s: finance.yahoo.com^DJI#chart6:symbol=^dji;range=19900102,20001231;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined It shows that essentially, the market started rising around 1991, leveled off and traded sideways in 1994, and then began rising again, at a slightly faster rate than previously, in late '94. Yes, that does coincide with the elections of that year. However, all kinds of things were happening then. The tech boom was starting in earnest. The Internet was taking off. Little things like that. To attribute the increase in the rate at which stocks were rising to the advent of a divided government is a stretch. To attribute it to any one thing is a stretch. - Allen