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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Lost to Voodoo who wrote (8717)	12/23/2000 1:12:04 PM
From: Poet	Read Replies (1) \| Respond to of 10876

Thank you for your take on things, Vood. It looks like some of us are in agreement. <g> Hey, I hope this gets to you before you leave: please enjoy your holidays, engage in some gallivanting and accept this holiday smooch from me. :)

To: Lost to Voodoo who wrote (8717)	12/23/2000 4:18:21 PM
From: Poet	Respond to of 10876

On the January effect, a snippet from today's Barron's: So, how will the S&P 500 fare in 2001? That's impossible to say. But with a new Congress coming in, along with a new President, the probability is high that the key index's performance next month will tell the tale for the remainder of the year. Based on the Barometer's track record, a January stumble on Wall Street would be particularly ominous. If the S&P, which, by the middle of last week, was down almost 14% this year, is off next month and then has a decline equal to the 9.9% average downturn seen in the February-December stretches of the seven years mentioned above, the index would slide below 1221.97. That would mark a 20% decline from the high of 1527.46 reached last March. Then, undoubtedly, we'd be in a full-blown bear market.