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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Victoria Vasconcellos who wrote (16167)	1/7/1998 11:49:00 AM
From: J.T.	Respond to of 50167

Thanks Vicky (Is that with an "i" or "y"??)... Next time I come down to Chicago I will ring you up. Should be within three months... Sailor JT

To: Victoria Vasconcellos who wrote (16167)	1/7/1998 11:00:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Vicky- off topic Belated happy new year greetings from Pakistan. How is Chicago? Keep in touch.

To: Victoria Vasconcellos who wrote (16167)	1/8/1998 1:39:00 PM
From: J.T.	Read Replies (2) \| Respond to of 50167

Vicky, this is for you since you reside in The Windy City>>>>>>>>>> .................................THE JANUARY EFFECT................................... Fact or Fallacy: Since January is a strong seasonal month marketwise it might make sense to look at the numbers to see if there is any correlation to: As January goes (or the first five trading days go) so goes the market for the year. Lets use the S & P 500 since this is a more inclusive barometer vs the DOW. This data is taken from Stock Traders Almanac. Since 1950, the market was positive in January 31 times, of which 29 times it resulted in positive years for the overall market (93.5% correlation). The market was down 17 times in January, of which 10 times resulted in negative returns for the market (58.8% correlation). Cumulatively speaking, 39 of 48 years since 1950 (81.3% correlation ) have followed the direction of January. The first five trading days of the month is slightly worse for correlation which is listed below: ************************************************************ January + .... Positive Year + ...... Correlation % *********************. 31 ......... 29 ...... 93.5% ...................................... Jan 5 days + Positive Yr. + ...... Correlation % ................................. 30 ....... 26 .... 86.7%....................................... January -- .... Negative Year -- Correlation % ................................. 17 .... 10 .......... 58.8% .................................... Jan 5 Days -- Negative Yr...... Correlation % ............................... 17 .... 8 .............. 47.1% ...................................... My apologies if this doesn't line up after I send it.. Have a good one JT EDIT: Boy does this look like a "piece of work" lined up... Anybody want to reprint this in readible for would make my day. JT