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Strategies & Market Trends : CFZ E-Wiggle Workspace
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From: Ron1/27/2009 8:16:50 PM
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SPY: Not looking good for the 'January effect'. Three higher days on lower volume. Perhaps the Fed pronouncement will break things loose, one way or another tomorrow afternoon.
(Historically if the S&P 500 goes up in January the trend will follow for the rest of the year. Conversely if the S&P falls in January then it will fall for the rest of the year. Since 1969 this trend has been repeated 32 of a possible 39 times.)
en.wikipedia.org

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