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Tuesday May 25th 2004
Monday May 24th 2004
5:47 PM Eastern Standard Time
Another Election Year Trend one cannot ignore is the stock market.
Election years in the Stock Market have a tendency to exhibit a fairly firm and upward bias. Looking back over the last 50 years the stock market has done rather nicely during a president’s last two years. Narrowing that down to election years itself, the average gain is about 7.7 %. with only 3 out of the last 13 election years being down years. Which should be of interest here and now , since the Major averages are all lower on the year right now.
Of the last six election year periods from mid May to election day the S&P 500 has been up
every time …We remain on the bull side of stocks..
- A Ship in Harbor is Safe...But that is not what ships are built for -
Monday May 24th, 2004
06: 50 PM South Florida Beach Time
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