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Technology Stocks : Micron Only Forum
MU 345.82+0.2%Jan 12 3:59 PM EST
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To: TREND1 who wrote (33992)5/29/1998 10:48:00 AM
From: TREND1  Read Replies (2) of 53903
 
More on Seasonality !
(1) Journal of Finance. April 1990 page 1259
(2) "Lakonisok...returns on Dow Jones from 1897 to 1986
...find that significant mean daily returns are realized consistently on only four consecutive trading days of the calendar month, beginning with the last day of the month"
(3)No one knows why this happens.
Larry Dudash
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