Presented (in part) at the Australian Technical Analysts Association (ATAA) lecture on January 24, 2008, and further for subscribers on March 18th, 2008 session.

January starts badly. Feb / March lows, more March. Late summer highs (August – September), an accelleration in the appropriate years, into and out of the election in early November. Critical months seems to be in March, August and November, where especially in election years, November sees a termination of the trend, then a reversal. More interesting years perhaps, 1963 and 1968.

More curve for the Dow Jones:

• Dow 1918
• Dow 1928
• Dow 1938
• Dow 1948
• Dow 1958
• Dow 1963
• Dow 1968
• Dow 1978