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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (123862)	9/10/2005 4:48:42 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

"there are lies, damn lies, and statistics." Although sometimes attributed to Mark Twain – because it appears in his posthumously-published Autobiography (1924) – this should more properly be ascribed to Disraeli, as indeed Twain took trouble to do: his exact words being, ‘The remark attributed to Disraeli would often apply with justice and force: “There are three kinds of lies: lies, damned lies, and statistics”. www1c.btwebworld.com I also saw it being attributed to Churchill... -g. I agree about the emotionalism of that post. But I'll tell you, there is a lot of research that shows that the old saw about "sell in May and go away" actually works. There does appear to be a fairly consistent annual cyclicity, involving declines around this time of the year and then strength towards the late part of the year and until Spring. Sy Harding wrote a book about it and runs a timing service where this is one of the central aspects. streetsmartreport.com But of course, all these are only probabilities, and I am sure some years it all happens upside down. Cannot be used as the only method.