Stock Market Funding

[mick]

i'm reading this carefully. hmmm. is the consenses finally getting da pix?


STOCK TRADER'S ALMANAC 2008:

- January Barometer predicts year's course with .754 batting average
- Every down January's first five days preceded full-year gains 86.1% of the time; in election years, only years 1988 & 1956 have been wrong
- November, December, and January constitute the year's best three-month span, a 4.9% S&P gain
- "January Effect" now starts in mid-December and favors small-cap stocks.
Worse January 1960 -8.4%
Worse week in January was 1/24/03 -5.3%
Worse Day in Jan -6.9% 1-8-88

Key support on the DJI
12,517.94
12,501.76

To have a strong up year in 2008, we need to close January above 12657.20 or we will have a bad year.



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