1

Feb

by Moonage

So goes the year.

Date Volume Adj Close
1/4/2010 3991400000 10583.96
1/5/2010 2491020000 10572.02
1/6/2010 4972660000 10573.68
1/7/2010 5270680000 10606.86
1/8/2010 4389590000 10618.19
1/11/2010 4255780000 10663.99
1/12/2010 4716160000 10627.26
1/13/2010 4170360000 10680.77
1/14/2010 3915200000 10710.55
1/15/2010 4758730000 10609.65
1/19/2010 4724830000 10725.43
1/20/2010 4810560000 10603.15
1/21/2010 6874289600 10389.88
1/22/2010 6208650000 10172.98
1/25/2010 4481390000 10196.86
1/26/2010 4731910000 10194.29
1/27/2010 5319120000 10236.16
1/28/2010 5452400000 10120.46
1/29/2010 5412850000 10067.33

And January didn’t bode too well.  But, I wonder how accurate that actually is?  Here’s how the last ten years stacked up:

Year Begin January December
2009 9034 8000 10428
2008 13043 12650 8776
2007 12474 12621 13264
2006 10717 10864 12463
2005 10783 10489 10717
2004 10409 10488 10783
2003 8607 8053 10453
2002 10073 9920 8341
2001 10646 10887 10021
2000 11497 10940 10787

That tallies up to four years where if January declined the year declined, three years if January rose the year rose, and three years where January did not reflect the year.  The most noticeable being 2001 of course.  That comes out at about 70% accuracy.  Not too shabby as far as forecasting goes.

This is in reply to some articles I’ve been reading that basically predict another horrid year for the markets, Brian Dolan being today’s.  And given Obama‘s very overt anti-business philosphy and agenda, I can’t argue with Brian even though he’s not citing the same thing.  I’m still in a buying mode, so that’s fine with me.  However, having a job makes buying modes a lot more enjoyable.

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