The Bush vs. Kerry Ratio
Martin Pring is a reknowned market technician. His site includes an interesting chart, derived from data via Rasmussen, a reliable pollster.
Click for larger graphic
Graphic via Pring Research
There is a caveat to the charting of polling data patterns: It hardly correllates to technical trading patterns; Polling is a cost free public opinion survey, subject to headlines and PR issues rather than fundamental concerns of the business cycle. Individual equity performance is driven by 'Supply and Demand' issues.
Still, its an interesting concept, and Pring does a nice job of presenting the data as an objective assessment. It will be curious to see if the debate tonight impacts this . . .
via Mike Barret, NYU
Sources:
Pring Research
http://pring.com/2004election.htm
Thursday, September 30, 2004 | 06:55 AM | Permalink
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» The Bush vs. Kerry Ratio revisited from BOPnews
Last month, we looked at the Bush vs. Kerry Ratio. It's a chart maintained by Martin Pring, a highly regarded market chartist. Pring applied the tools of technical analysis to political forecasting. Last we looked at the chart -- before... [Read More]
Tracked on Oct 17, 2004 7:34:20 AM
Comments
Sorry, but I did not understand this.
Posted by: Anup | Sep 30, 2004 8:55:17 AM
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