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Strategies & Market Trends : Market Guru of the Month Contest -- Ignore unavailable to you. Want to Upgrade?

To: John who wrote (727)	9/2/2010 12:03:43 PM
From: aka_Jimbo	Read Replies (1) \| Respond to of 17549

ah... that's a bit different. here are those stats. approximate % of up days on the day before a major holiday: New Year Day 80 MLK 50 Good Friday 70 May 23 80 Memorial Day 60 July 4 50 Labor Day 70 Turkey Day 80 Christmas 70 Also, before you ask .... The next question is, "in general, what's the performance on any Friday." I haven't calculated that myself precisely but on some other board a very smart fellow did a pretty big study, in my opinion. Here was his basic conclusion.... in a bull market, Fridays are down. in a bear market, Fridays are up. Well, you might say not shit. But his data and analysis were different and specific, and they took into account a definition of bull and bear market differences. The one thing I vaguely remember is that in a bear market, the coorelation was not quite as strong. I wish I kept his post. Frankly, that finding is much more powerful to me than any of this holiday stuff. Gotta go earn some money. Later.