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ajtj99

01/23/08 7:18 PM

#114341 RE: challo #114340

challo, that January closing down or up stuff is a myth.

If January closes positive, they say the year will be positive without taking into consideration the gains from January.

In other words, you could have a 10% up move in January, and end the year up 1% and they say they're right, as a positive January close led to a positive year.