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Re: Market Direction



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Let's have a picture on this Nov/Jan thing.  Looks valid for 96/97.  On a
weekly basis the SPX has just tested and failed at the 70% line and is
working on trendline C for the cycle setup for 97/98???

BobR

At 11:08 AM 10/18/97 -0400, Walt Downs wrote:
>John Dundee wrote:
>> The last two years in a row you could have bought November 1 and made a
>> ton in that month, sold the first week of December, bought the last week
>> of December and sell by the end of January for another ton.
>
>John,
>
>This occurrence has been noted and analysed. It is refered to as
>"The January Effect". For more information, call the CME and request
>their free booklet on this phenomenon. It will show you some 
>interesting ways to spread the indexes against each other for 
>profit during this time frame. :)
>
>Walt Downs
>CIS Trading
>>
>
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