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Another item to consider is that financial
bubbles only occur once every generation or longer so that has skewed the
data you presented. Taking office immediately after a bubble has
popped is obviously not a good thing either, so as they say, timing is
everything.
But I agree with you about today. I
expected either a continuation or a vigorous reaction by the bulls but instead
we got neither.
----- Original Message -----
Sent: Monday, October 25, 2004 3:48
PM
Subject: [RT] Democratic vs Republican
Administrations and The Market
> > > I would not exactly call today the snap back I
expected and I know nothing > is absolute in history or the market
but: > > Here are another interesting set of facts that were sent
to me...going > back to 1960 and taking the DJIA close on the last day of
October in each > election year. {I know the President's term does not
start until January > of the following year, but after the election
I think there is a lot of > influence by whoever wins.} >
> Anyway, I think generally people think of a Republican President as
being > better for the markets than a Democrat. But the closing >
averages of the DJIA indicate otherwise. > > Here are the
percentage increases/decreases of the Dow October 1960 going > forward 4
years calculated hopefully with little error: > > D-60-64
+51% > D-64-68 +9% > R-68-72 +0.33% > R-72-76 +0.9% >
D-76-80 -4% > R-80-84 +31% > R-84-88 +78% > R-88-92
+50% > D-92-96 +87% > D-96-00 +82% > R-00-04 -11% roughly to
date > > The average gain during Democratic terms was 45%. The
average gain during > Republican terms was 25%. > > Now if
you only consider the years in which the previous > administartion was the
same party(so you can't blame the previous > adminsitration so easily) it
comes out Democratic +46% and Republican > +43%. > > This may
not prove anything but I've always wondered why people think the >
Republicans are better for the markets? > > There are obviously
many other things to consider in your vote...so no > matter who you
like(or dislike the least)...I hope everyone gets out to >
vote. > > Sincerely, > > John > Home of The
Money Making Machines > www.themoneymakingmachines.com > > > > > >
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