Worst Starts to the Year For Major Indices
Plain and simply speaking, the year has started off on a bad note. After only three trading days, the S&P 500 is down 3.86% (2nd worst start ever), the Dow is down 3.5% (4th worst ever), and the Nasdaq is down 5.57% (worst ever). Below we highlight the five worst three day starts to the year for each of the three indices. On a positive note, for each of the three indices, the average return for the rest of the year is actually positive, although we would caution that the returns vary widely.
Wondering how to navigate this turbulent market? Sign up for a Bespoke Premium membership and get daily strategy reports, trade ideas and market timing tools for as low as $1 per day. Or just have your money managed professionally by Bespoke.
I would expect a +6% return this January.
http://www.futuresboard.com/?ab=board&forum=1&board=2&thread=3616
Posted by: kio | January 05, 2008 at 05:21 AM
I would expect that you'll be wrong Kio!
Posted by: Greg Feirman | January 08, 2008 at 12:58 PM