did a screen of what I said this morning "that the Jan bias for a big year of decline is up."
Friday, January 2, 2009
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January
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- ugh...
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2 comments:
First five days... not a big "N" in the study, but the 8 years after the 20% or more losses were 8 for 8 in the positive. Very impressive.
That is always the problem with quantifying "recessions" or Bears...
in a hundred years you only get about 8.
It's also why "economists" are not scientists... Just not enough data.
but even in 0% years it's 22 for 6..
I'd have to look a little closer, I wonder if the '0' is all non positive years or if it's all years Zero to -10% or if the 0 is all years Zero to -30
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