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:
Compare the chart above of the leading economic indicators, with the following chart of the major indices:
Click for larger graphic
Looks like the leading indicators actually led the market down.
Saturday, August 14, 2004 | 09:21 AM | Permalink
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