Stocks for the Long Run : the Definitive Guide to Financial Market Returns and Long-term Investment Strategies

(Greg DeLong) #1

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FIGURE 17–2
Dow Jones Industrials and the 200-Day Moving-Average Strategy (Shaded Areas
Are Out of the Market)

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1924 1926 1928 1930 1932 1934 1936

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1999 2000 2001 2002 2003 2004 2005 2006

January 1, 1999 – December 31, 2006

January 2, 1924 – December 31, 1936
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