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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

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4:00 PM EST

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To: Timothy Liu who wrote (4726)	1/27/1999 5:07:00 AM
From: donald sew	Read Replies (1) of 99985

Timothy, >>>>>>>>> Have someone heard of a statistics that says the week after the 18th trading day of the year is bullish 45 out of the last 50 years. And for the remaining 5 cases that the market went down, none of them occurs in an odd year. <<<<<<<< After the 18th day of every month would be the end of month rally/window dressing. Such starts on the last 2 trading days of the month and follows thru to the next 3-5 days into the next month, which is about a week. If I recall correctly, it accounts for about 200-300 point upswings in the DOW. I am not familiar with with the specific JAN rule, but it appears to be possible in light of the end of month rally. That would fit right in with the WEDGE/PITCHFORK senerio and bring the DOW to the 8500 range. As mentioned previously my SHORT-TERM technicals will get to CLASS SELL territory in 2-3 days if the DOW moves straight up, which will also fit that time frame. Seeya

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