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I agree with Joe remark below, and wish to restate what I said: the
market does not care about whether Republicans or Democrats are in
power. You want a proof: there have been as much bear markets or bull
markets during republican or democrat eras.
It would be interesting here to let apart our beliefs and
convictions, and let only the number speak for themselves: what is
the yearly average % increase of the stock market during republican
presidentship and during democrat presidentship for the last 100
years. I do not have the data to perform the operation, but I would
be curious to see the results - I think that we could become very
humble by seeing that the markets really do not care and is not
distributing good or bad points according to the political colour.
Maybe some RT Member who has the needed data could calculate this ?
Carl
--- In realtraders@xxxxxxxxxxx, "Joe Duffy" joeduffy@xxxx wrote:
> How do you explain the long bear and crushing market of the US
dollar during
> recent Repbulican presidential terms?
>
>
> ----- Original Message -----
> From: Michael Ferguson wl7bdn@xxxx
> To: realtraders@xxxxxxxxxxx
> Sent: Thursday, November 23, 2000 12:07 PM
> Subject: [RT] (unknown)
>
>
> > Carl asked the question, >Do you really think that the US vote
issue will
> > decide for the market direction ? <
> >
> > Here is a trading related response with a long term perspective:
> >
> > Do you think that fiscal and monetary policy, (there IS a
difference),
> > affect the financial condition of a country's businesses?
> >
> > What do you suppose is responsible for Japan's economic
situation? Bad
> > policy, bad luck?
> >
> > What do you think is responsible for France's economy? And the
value of
> > their currency?
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