Zeev's Turnips Patch-No Politics (ZEEV)

[nomoweed]

Naz first trading day Jan % losses since 1987:

Year
2001 first trading day dropped 7% *Fed cut
1997 first trading day dropped 0.8% ,then up almost 4% within 4 days and up 5% within 9 days.
1995 first trading day dropped 1% ,then up 1% within 4 days and up 2.5% within 9 days.
1994 first trading day dropped 0.8% ,then up 1.6% within 4 days and up almost 3% within 9 days.
1993 first trading day dropped 0.1% ,then up 2% within 4 days and up 4% within 9 days.
1991 first trading day dropped 0.4% ,then down 3.7% within 4 days and down 4.7% within 9 days.
1989 first trading day dropped 0.7% ,then up almost 2% within 4 days and up 2.3% within 9 days.


Only 1991 was a washout early January.If we use the 1995 pattern[Naz dropped 1.07% yezter],then by Friday Naz could tag 2173+ and by the following Friday could tag 2205+.How about that sportfans.