TITLE

The riddle of the Dow

AUTHOR(S)
Kaye, Steven D.
PUB. DATE
February 1994
SOURCE
U.S. News & World Report;2/14/94, Vol. 116 Issue 6, p55
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses how the Dow Jones industrial average neared the 4000 mark then slid 96 points in February 1994. How a round number like 4000 has a definite effect on traders' psyches, according to Eugene Peroni Jr., chief technical analyst at the brokerage Janney Montgomery Scott; Past performance of the Dow; Predictions by James Stack, editor of the `InvesTech Market Analyst' and Arnold Kaufman, editor of Standard & Poor's `The Outlook'; More.
ACCESSION #
9402107500

 

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