DOW 8400 in 2006??

[Birchtree]

My good man, it's a risky business. The more the risk the greater the opportunity. That's the difference - bearing the pain needlessly for future gain. Some do, some won't, some are lazy like me and do just fine.

 

[Pilgrim]

By Mark Hulbert, MarketWatch
Last Update: 12:01 AM ET May 31, 2006

"Much to my surprise, I found that the stock market's probabilities of rising between June 1 and Aug. 31 actually go up when May is a down month. Consider first those years in which May produced as big or bigger loss as it has so far this year. Since the mid 1890s, when the DJIA was created, a total of 26 years qualify. The DJIA's average summer gain during those 26 years was 6.3%.


Contrast that with the summer gains during years in which the DJIA in May did better than it has in 2006. The average three-month gain during those summers was 2.5%.


This difference turns out to be significant at the 95% confidence level that statisticians often use."

 

[nnuut]

Very, very intresting Pilgrim! The Hell I won't (john Wayne)!

 

[Birchtree]

Pilgrim,

Stay on the hunt for those nuggets - just what we (some anyway) need to read - I'm sick and tired of the dollar trashers and midnight snackers. Give me some positive bull manure to make my portfolio grow. Thanks again.

Dennis