European Stars and Stripes (Newspaper) - May 26, 1991, Darmstadt, Hesse Sunday May 26, 1091 the stars and stripes page.17 summer rally visions Noi heating up Market new York apr talk of the legendary a summer rail is making the rounds of Wall Street especially Early this year. If Market mavens seem to be Rushing the season they have an excuse. After a runaway Start on 1991, their supposedly reborn Bull Market has lapsed into a protracted slumber. The Dow Jones average of 30 Industrial stocks which started the year in the neighbourhood of 2,600, hit 2,900 by feb. 11.for All its fits and starts since then the widely recognized measure of Stock Price trends was still hovering around 2,900 heading into the memorial Day weekend a like a Cook who has lost his imagination the Market keeps serving investors More of the same fare a lamented the Merrill Lynch Market. Letter. A the featured item on the menu is a correction that has frustrated investors for most of the past three months a hence the incentive for traders to Start evoking i. Sions of the summer rally a time honoured tactic for Drummins up business in the hot a Cather months. A a summer a coming a proclaimed one typical brokerage House publication this past week. A other Corci the traditional summer rally should not be far from time to time in. Recent years analysts with a statistical Bent have turned out studies suggesting that the summer rally is More ninth than dependable reality. In a current calculation James stack editor of the in Veitech Market analyst advisory service concludes that evidence of the last 30 years lends it very Little traced the behaviour of the Market from its lows for each month during that period to its High Over the ensuing three months. A by that gauge he said a the months with the smallest rally potential were april May and june a the exact months in which the summer rally was supposed to As sluggish As the markets behaviour my have been of late however some analysts argue that it has Bene p pc fixed from the rest. A fall in All id say we re Iti the midst of a very natural healthy consolidation in both the credit and Stock markets a declared Greg Smith a Prudential securities. The Stock Market he said is contemplating the pros act of a recovery from the recession a that promises or Many reasons to be More subdued than in past cycles and perhaps somewhat later in coming,�?�1. Such expectations were Good enough to inspire a mild rally in Stock prices during the past week. The Dow Jones industrials closed Friday at 2,913.91, up 27.28 Points from the week before. The new York Stock Exchange composite Index Rose 2.51 to 206.66, the Nash a composite Index for the Over the counter Market gained 11.29 to 492.67, and the american Stock Exchange Market value Index was up 4.53 at 362.54.volume on the big Board averaged 150.65 million shares a Day against 171.86 million the week exports to Eastern Europe eased Boston a the United states and 16 Western allies have agreed to reduce Export controls on computers and other High tech v equipment told ? to East bloc countries the White House said Friday. 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