Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (28)	8/16/1998 11:08:00 AM
From: Justa Werkenstiff	Respond to of 15132

Off Presidential Year Market Events Brinker has mentioned the off presidential year market events. I think this is a misnomer for whatever reason. It should be viewed as the mid-term pattern of market events. After all, there are three off presidential years but these market events seem to happen midway through presidential terms: May 1970 - Market declined 36% in a major bear market. It then went up over 50% in the next 11 months. December 1974 - Following a 45% bear market, the market went up 52% in the next seven months. February 1978 - There was a 27% decline in the DOW, followed by a 22% rally in six months. August 1982 - Following a 24% DOW decline, there was a 65% 10 month rally. July and September 1986: We had two corrections of about 7.5% and 8.0% corrections, followed by 55% in 11 months. October 1990 - We had a 21% slide which was partially related to fears about Iraq, we had a 68% run in the next 39 months. 1994 - We had a triple bottom. April - 9.7% decline; small pullback in June; November - 7% pullback followed by a 92% rise in the next 28 months. According to Brinker: " Off presidential election years have almost with scary regularity produced buying opportunities."