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Old 12-31-2013, 08:23 AM
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dewilson58 dewilson58 is offline
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Quote:
Originally Posted by glgene View Post
I heard on CNBC today (12/30) the following commentary by one of the guests interviewed...re: the so-called January Effect:

1) The first 5 trading days of January has an 85% probability of predicting the gain vs. loss yearly status for the market.

2) For action the entire month of January, it sets a 76% yearly probability.

Disclosure: Notice I didn't say 100% predictability. So don't shoot the messenger.

Gene
Stats are always fun. Thanks for sharing.