Would anyone care to back-test the following "fact."
Q. What happens when the S&P 500 rallies 10% in 8 days during the fourth
quarter?
A. The S&P 500 falls an average of 1% a day every day for the next four days
in 75% of 12 past occurrences.
Regards,
Colin West
303-741-8690
Englewood, CO USA
|