Replies to post #190 on Drillbits & Bottlerockets (DBnBR)

[jackhartmann]

the dow needs to get spanked hard before we can start making our bearskin rug

Why are you thinking that? I figure the historical data suggest that Dow will rally.

For the Dow since 1971, the average performance for the month following the third rate cut is 1.99%. The average month for the Dow overall is 0.79%. The average performance for the year following the third rate cut is 22.42%. The average year for the Dow overall is 10.32%
From Don Luskin of Metamarket

Jack