More on the Dow Election Year Cycle

Saturday, August 14, 2004 | 09:21 AM

A reader (Chuck) sent in these two charts, and they seem to further make the case:


wli_chart

Compare the chart above of the leading economic indicators, with the following chart of the major indices:

Click for larger graphic
moving_avg

Looks like the leading indicators actually led the market down.

Saturday, August 14, 2004 | 09:21 AM | Permalink | Comments (0) | TrackBack (0)
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