Market on life support?

[Value Buy]

Jan 10, 2014 23:18:22 GMT -5 Aman A.K.A. Ahamburger said:

Jan 6, 2014 16:33:32 GMT -5 Ombud said:

Market down 1st 3 trading days of 2014. What % of times does it continue dn rest of year?

I read this article the other day that has some interesting facts on this subject...

iStock market's slow start may bode ill for 2014

The Stock Trader's Almanac says that if the S&P 500 rises during the first five days, the index has an 85 percent chance of ending the year higher, based on 40 years of data.

The last time the index fell over that stretch was in 2008 - when the S&P 500 slipped 5.3 percent - as the stock market reeled in the aftermath of the financial crisis. The index ended the year 38.5 percent lower as the Great Recession took hold.

By that analysis, the stock market's performance for all of January signals how the stock market will perform for the year. The January barometer has been right for 62 or the last 85 years, or 72.9 percent of the time, according to Howard Silverblatt, a senior index analyst at S&P Dow Jones Indices.

As I mentioned in the Asian crisis thread, echoes of 2007-2008? Stay

Thought I would bump a thread started over two years ago.

I guess a few people were very wrong  here.

Of course I was in this camp a few years ago too.............

[Aman A.K.A. Ahamburger]

Yep, some people around here were very wrong.

The USA is the strength in the weakness, VB - as I have been saying it would be since the middle of last year. Jarrett and Bruce called 18k at the start of this year - great call on their part , and buying on the dips in Feb and Oct has paid off well.

As you can see the militants that took control of Fallujah in January have now spread all over the mid east and have gained support in north africa, central asia, and in communities all around the world.

China's housing market is mirroring the USA's in 2007 and Europe's banks are still very much insolvent.

The icing on the cake is Putin playing Hitler and destabilizing entire regions of the globe.

Merry Christmas and a happy 2015 to you and yours VB.