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Wednesday, October 08, 2008 4:09:40 PM
"The table below reflects the dates of the rate cuts, the depth of each rate cut (in basis points), and the returns of the SPX from the day of to 20 days following the rate cut. At the bottom of the table, we tabulated the average returns and the winning percentage (percent positive after X days)."
http://www.schaeffersresearch.com/commentary/content/marketimplicationsofthefederalreserveratecut/observations.aspx?ID=88283#88283
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