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To: Thean who wrote (1417)7/30/1998 11:58:00 PM
From: Alski  Respond to of 14427
 
Thean,
OK, you caught me. It was a tongue in cheek post, I wouldn't really espouse any investing by Murphy's Law theory. Sometimes it does seem like it happens that way as we have no control over the 401k timing. It's a lot easier to remember the times when the 401k buy is on an up day (fewer shares) followed by a down day:( then vise versa when it's in our favor.

Your challenge did get me to look a bit more carefully at INDU and INX to see if an end of the month effect might actually be real (like it wouldn't be well published if it was, duh). The first thing I noticed is a lot of month boundaries do seem to be ups. On closer inspection though, it seams that it's the first of the month, not the end, that's up (8 of the last 10 on the DOW?). The day before the end has a lot of ups too (like today), but the last day of the month runs about 50/50. So I guess I should be predicting Monday as the up day:) Maybe we get a three day bounce this time:)
Anyway, the real proof that this is all BS is there is obviously NOT any end of month spike in INDU volume (wish I could see INX volume). Anybody that placed any orders based on my last post ought to cancel them before the market opens. I'm hear by changing my previous up prediction to up, down, or maybe flat:)
Alski