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FYI, Time will yet tell if this tendency holds true.
John
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To: "Chart of the Day" <mailinglist@xxxxxxxxxxxxxxxxx>
Subject: Chart of the Day - December 18, 2002
From: Chart of the Day <mailinglist@xxxxxxxxxxxxxxxxx>
Date: 12/17/2002 09:55pm
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Chart of the DayIn September, we pointed out that the stock market tends to rise during the last three months of the year. The market has held true to form as it currently trades 17% above the October 9th lows. So is the rally over? While investors still have plenty to be concerned about, we are entering the second half of December, which is a period that has been historically good for stocks.*** Happy holidays from Chart of the Day ***
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Quote of the Day"One must remember that the stock market is as unsentimental as the weather report." - B. Marchand Sage
Events of the Day
December 21, 2002 - First day of Winter (Northern Hemisphere)December 25, 2002 - Christmas DayDecember 26, 2002 - Kwanzaa (1st day)
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