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was Steve

03/01/04 1:19 PM

#211711 RE: Zeev Hed #211687

i was never good at that patience stuff (ggg)
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kspiering

03/01/04 1:35 PM

#211726 RE: Zeev Hed #211687

Zeev, I am also prepared/waiting for a downturn that will (eventually) generate fear. However, did you know that there is a very strong seasonally bullish bias between now and March 18? The SPX closes higher on March 18 than it does 13 trading days earlier 72% of the time. (Using all the data extending back through 1962.) That bias is almost as stong as around Xmas. When the market rises during this period the average gain is 3%. When the market falls (28% of the time) the average loss is 2.6%.