|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2314.1000" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV> </DIV></BODY></HTML>
</x-html>From ???@??? Mon May 08 13:26:52 2000
Return-Path: <listmanager@xxxxxxxxxxxxxxx>
Received: from mail.pajo.com (mail.pajo.com [216.116.96.4])
by purebytes.com (8.9.3/8.9.3) with ESMTP id KAA10022
for <neal@xxxxxxxxxxxxx>; Mon, 8 May 2000 10:11:54 -0700
Received: from REALTRADERS.COM ([208.179.56.198])
by mail.pajo.com (8.9.1a/8.9.0) with ESMTP id KAA25476;
Mon, 8 May 2000 10:08:24 -0700
Received: from m5.boston.juno.com by realtraders.com
with SMTP (MDaemon.v3.0.3.R)
for <realtraders@xxxxxxxxxxxxxxx>; Mon, 08 May 2000 09:22:24 -0700
Received: from cookie.juno.com by cookie.juno.com for <"xjT21AUVTVaXCKL0NlCsJ9ylv4yX363kL1vI1m3j6t8=">
Received: (from rmac@xxxxxxxx)
by m5.boston.juno.com (queuemail) id E7KET2KU; Mon, 08 May 2000 12:17:12 EDT
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: Squawk@xxxxxxxx
Date: Mon, 8 May 2000 12:16:20 -0400
Subject: [RT] Gen: M3 Seasonality
Message-ID: <20000508.121623.-3910271.0.rmac@xxxxxxxx>
X-Mailer: Juno 4.0.5
MIME-Version: 1.0
Content-Type: multipart/mixed; boundary=--__JNP_000_6ec0.61bf.1d1a
X-Juno-Line-Breaks: 0-6,12-22,22-32767
X-Juno-Att: 1
X-Juno-RefParts: 0
From: Ronald McEwan <rmac@xxxxxxxx>
X-MDaemon-Deliver-To: realtraders@xxxxxxxxxxxxxxx
X-Return-Path: rmac@xxxxxxxx
X-MDRcpt-To: realtraders@xxxxxxxxxxxxxxx
Sender: listmanager@xxxxxxxxxxxxxxx
Precedence: bulk
X-MDMailing-List: realtraders@xxxxxxxxxxxxxxx
X-MDSend-Notifications-To: listmanager@xxxxxxxxxxxxxxx
Reply-To: rmac@xxxxxxxx
Status:
I think that a significant key to the direction of the Us Equities
Markets is the "M3" money supply data. While it is very difficult to
forecast the "M3", I have found that it has a significant seasonality
component. This can be useful in anticipating changes in the direction of
"M3". The attached gif represents a forecast of the "M3" from March 1998
to March 2002.
The data used for this study is from the Feds H.6 Release:
M3 Money Stock
Not Seasonally Adjusted
Billions of Dollars
Source: H.6 Release -- Federal Reserve Board of Governors
Ron McEwan
Attachment Converted: "f:\eudora\attach\M3 Seasonality.gif"
|