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.
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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