I've been away for a while, I'm back.
The January effect: as goes January so goes the year. In particular, the first week of January gives a strong indication for the year ahead. If this holds, 2008 might be a year for the bears. As with any indicator, the January effect isn't close to 100%.
For those interested in reading more here is a link to a SeekingAlpha article
and for more of a novice view point an USAToday article
No comments:
Post a Comment