From hroberts@uic.edu Wed Feb  2 14:54:47 2000
Date: Wed, 2 Feb 2000 06:54:31 -0800 (PST)
From: hroberts@uic.edu
To: hroberts@uic.edu
Subject: Forwarded article:  SUPER YEAR? BOWL THEORY POINTS TO 2000 RALLY

The following article was selected from the Internet Edition
of the Chicago Tribune. To visit the site, point your browser
to http://chicagotribune.com/. 
----------- Chicago Tribune Article Forwarding----------------


Article forwarded by: Helen

Return email: hroberts@uic.edu

Article URL:  http://chicagotribune.com/business/businessnews/article/0,2669,SAV-0002010342,FF.html


---Forwarded article----------------
SUPER YEAR? BOWL THEORY POINTS TO 2000 RALLY

By Bill Barnhart

  Take your pick: Two popular market predictors gave opposite readings
at the end of Monday's volatile session on Wall Street.

Sunday's victory by the St. Louis Rams, a National Football Conference
team, suggests a rally this year, according to the Super Bowl theory
developed by Robert Stovall of Stovall/21st Advisers.

    But the Standard & Poor's 500 index closed down for January,
indicating an off year, according to the barometer inYale Hirsch's
Stock Trader's Almanac.

In any event, closely watched stock indexes staged an impressive rally
Monday, rebounding from losses last week and an early Monday slide in
Nasdaq stocks.

Traders attributed the gains to hopes that recent increases in
short-term interest rates in the fixed-income market will lessen the
need for draconian rate hikes by the Federal Reserve to ward off
inflation. The Fed's interest rate policy committee begins a two-day
meeting Tuesday.

The Nasdaq composite index traded as low as 3748, but closed the day
up 53.28, or 1.4 percent, to 3940.35. The Dow Jones industrial average
gained 201.66, or 1.9 percent, to 10,940.53.