Check out this website for a compelling arguement for why the "January effect" of 2000 will be disasterous for investors. www.bcity.com/momentumonkey
MomentumMonkey is an indicator that validates popular momentum indicators. I have made money with this site as a momentum investor. It currently says that momentum indicators are very bullish, but you cannot trust them at this time. The site says that the key to the stock market is the US dollar which is poised to crash.
MomenumMonkey sees the S&P 500 Index dropping 20-30% in January 2000. |