There are other factors to consider in forecasting for 2000. Here are some of them. Six of the seven final years of lame-duck presidents were losers. Republicans won six of seven incubentless races. Sitting VPs rarely get elected to the Presidency, Bush Sr. was the exception.
Markets perform better when an incumbent party retains power and worse when it s ousted.
And, the last seven months of election years in the last half-century have never had a loss. For 30 years I have been reporting on one of the most extraordinary stock market patterns in history. It was discovered by the late George Lindsay and is called the Three Peaks and Domed House . I wrote about it extensively in the 1968 Stock Trader s Almanac . This pattern has repeated at almost every major market top of the century.