CHAPTER 15: TECHNICAL ANALYSIS

Tabulated below are the returns from 1935 through 1939 on small-company stocks and on the S&P 500 composite index of common stocks. Year Small-Company. Stocks (%) Market Index of. Common Stocks (%) 1935 47.7 40.2 1936 33.9 64.8 1937 -35.0 -58.0 1938 31.0 32.8 1939 -0.5 0.4 ................
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