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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Bruce A. Brotnov who wrote (14720)12/19/2001 9:58:54 PM
From: ajtj99  Read Replies (1) of 99280
 
Bruce, going back 10-years, the COMPX has ALWAYS made higher highs in January than at the end of the previous year. I think in two instances, it peaked in mid-January. Most of the time it peaked at the end of January.

In other words, in 10 out of the last 10 years, we have made a higher high in January than the last close of the previous year, and most of the time substantially higher.

1995-1996 we dropped 5% from the beginning to mid-January, but ended with a higher high.

Those are pretty good odds, I'd say. It does not mean we have to take out the December high, it just means we will be higher in January than at the end of December.
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