Fast money word on the street:

Im sure most of you have heard this before.

Yes it is a statistic, but to trade off of it you should think twice.


If the first 5 days are up,

85% chance of an up year.

If the first 5 days are down,

47-50% of a down year.

 

What do you do for the other 360 days of the year?

 

Punt

 

The existence of a correlation is not the same as causation.

 

This thread cannot handle your high degree of intelligence.

 

Is this a poetry group?

 

Haha. All I meant was that if you find a relationship between two things, it doesn't mean that they are because of eachother.

If the dollar is falling for instance, it affects every currency market in which it is a pair.

If it is falling in one, it doesn't mean it is because it is falling in another, they just move together.

 

...or use an old play book.

inverted

 

What happened for the first 5 days of 2000??

 

GO FUTURES$$$$