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To: Lizzie Tudor who wrote (13979)1/24/2005 4:41:24 PM
From: Original Mad Dog  Respond to of 17683
 
That was kind of a strange use of words in that article.

The headline screams out "January's impact on stocks inescapable in 2005". Then, just two sentences into the article, the data emerges -- a down January has predicted a down year 10 out of 17 times. So somehow, the market managed to escape the "inescapable" 41 percent of the time! That's a whole new meaning of "inescapable".

Then, a few breaths later, the article states "It was the first time since 1982 -- the year that the '80s bull market started -- that the Dow and the Nasdaq fell for the first three weeks of a year." Horrors! This three week downdraft might be a sign that we are facing the same conditions as .... the beginning of one of the longest bull markets on record??? Gee, I hope that's inescapable too.

So, if I got it right, we're doomed if January ends negative, except when we're not (which is more than 4 out of every 10 times). And last time we were similarly doomed, a long bull market began.

Makes me want to jump out of my first floor window into the nearest snowdrift.



To: Lizzie Tudor who wrote (13979)1/25/2005 1:13:08 AM
From: Lazarus_Long  Read Replies (1) | Respond to of 17683
 
UPDATE 1-US companies beat targets by below-average margin
yahoo.reuters.com.
Know something? I'll bet US companies beat their target by a below-average margin half the time.