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To: donald sew who wrote (55745)10/18/1998 11:09:00 AM
From: set  Read Replies (1) | Respond to of 58727
 
re: 1973

decisionpoint.com

there was also the same bullish a/d divergence leading into
that rally, which surely had many people calling a new
bull.

Shahar



To: donald sew who wrote (55745)10/18/1998 1:04:00 PM
From: James Strauss  Read Replies (2) | Respond to of 58727
 
New Highs/New Lows...
~~~~~~~~~~~~~~~~~~~~~~~
decisionpoint.com

Great chart Don...

Fed Funds Rates
02/1973 6.58
03/1973 7.09
04/1973 7.12
05/1973 7.84
06/1973 8.49
07/1973 10.40
08/1973 10.50
09/1973 10.78
10/1973 10.01
11/1973 10.03
12/1973 9.95
01/1974 9.65
02/1974 8.97
03/1974 9.35
04/1974 10.51
05/1974 11.31
06/1974 11.93
07/1974 12.92
08/1974 12.01
09/1974 11.34
10/1974 10.06
11/1974 9.45
12/1974 8.53

bog.frb.fed.us

Note that FED Funds Rates were twice as high in 1973/74 as compared to today... As such, with today's lower rates, there is a greater probability of a continuation of the up move in the market...

Jim