last trading day of yr NASDAQ down ?

Discussion in 'Trading' started by SethArb, Dec 31, 2002.

  1. I had heard from the stock traders almanac that
    the nasdaq was always up on this last trading day of the year

    however ... it seems to me that the most recent 3 yrs have
    been down days for the QQQ's ... ( nas 100)

    anyone else care to comment or confirm this using their software's database ?

    thanks
     
  2. cheeks

    cheeks

    Unfortunately, 30 observations(years) is too small of a sample size to draw any conclusions from.

    However, it is an interesting idea.