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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (6600)7/9/2001 3:18:30 PM
From: The Freep  Read Replies (1) of 209892
 
Two (sorta) interesting statistically viable things about today for ya, Jack.

Don Sew has tested a Friday/Monday pattern that he calls statistically viable which states that if Friday is down, Monday will be flat/down.

However, the wonderfully named Justa Werkenstiff noted that July 9th is positive over 80% of the time (i think it was 87%), the second highest figure behind December 31. Why, I haven't the foggiest, but I believe him. (Check the Stock Attack II thread for the post in question)

All FWIW, which, I suspect, isn't a heckuva lot here with 45 minutes left in the trading day.

the freep
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