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Path: utzoo!watmath!clyde!floyd!harpo!eagle!mhuxl!houxm!hogpc!pegasus!cmf
From: cmf@pegasus.UUCP
Newsgroups: net.invest
Subject: Re: Market Decline
Message-ID: <939@pegasus.UUCP>
Date: Tue, 14-Feb-84 09:41:56 EST
Article-I.D.: pegasus.939
Posted: Tue Feb 14 09:41:56 1984
Date-Received: Fri, 17-Feb-84 02:38:07 EST
Organization: AT&T Information Systems, Lincroft NJ
Lines: 16


Kip,
Your fears are justified. Changes in economic conditions are
usually perceived in the market 6 months before they begin to take effect.
One of the best cycles to follow is the political cycle.
It states that there will be a bull market during the last half of the
presidential term and a bear market during the first 2 years.
This is because there is always changes to industry (ie. tight credit,
new taxes,etc) in the first 2 years in order to bring the economy
back in line. The next(last) 2 years there is less restraint on
industry and a desire to get reelected.
With these 2 items of information, it seems very likely that there
are jitters in the market.

	Chuck Fingerman	pegasus!cmf