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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: J.B.C. who wrote (10471)1/16/2002 6:19:56 PM
From: Jorj X Mckie  Respond to of 23786
 
yup, I agree, most people who are still around have actually learned a little bit from the past 20 months or so.



To: J.B.C. who wrote (10471)1/16/2002 6:26:54 PM
From: HG  Respond to of 23786
 
If a man's head is in an oven, and his feet in a freezer....statistically their average body temperature is normal....<g>

January barometers have been incredibly accurate for the past 48 years. I guess the Wall Street took these statistics into consideration in their predictions of a Jan rally......

Based on whether SPX is up or down in Jan, most years have, in essence followed suit - except 4 four flat years of 70, 78, 84 and 94. Thats 45 out of 50 years i would say. Thats over 90% accuracy there.

The Jan barometer for all odd years subsequent to 1935 scores a perfect record.

Top 28 Januarys <except 94> had gains of 1% or more and launched the best years. 21 Januarys were losers or had miniscule gains.

Only one very good year -1982- followed a January loss...

Soooo...if there is recovery expected in 2002....Wall Street would expect Jan to be a gainer...

Of course everything has been different this time round...so i take this with a pinch of salt...