Friday, January 02, 2009

09:00 AM  
 
January Myths
Most have heard of the January Effect. Here are some versions:

1.) Stocks do better in January.
2.) What happens in January predicts what will happen to stocks for the rest of the year.
3.) Small stocks do better than large stocks in January.
And a short version of all three January Effects, i.e., the last day of trading in December and the first five days in January are supposed to be especially strong.
4.) A white Christmas in Boston will result in rising stock prices for the following year.

Relying on pivots and trendlines is a way to bust all myths and rely on PRICE for facts.

Know the truth ->  Trend Master Series