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Strategies & Market Trends : January Effect 2007 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (8)	12/18/2006 4:04:46 PM
From: Q.	Read Replies (3) \| Respond to of 94

I haven't screened yet, but I'm guessing that this year will be like a couple of recent years -- it will be hard to find a lot of decent companies with beaten-down stocks on US exchanges this year. Canadian juniors might be a place to look instead. The TSX-V is still below it's May peak, whereas in the US the RUT is well above its May peak. A good January effect requires that investors on the whole have gains they need to offset, and a few losers they can sell to accomplish that. So it requires two things: - a year or more of gains in the broad market (no problem there) - a good number of individual stocks that are beaten down, even though they aren't about to go out of biz (not sure yet how many of those there are in the US this year).