Re: [RT] Memorial Day?

["Larry Brown" <spreadtrader@xxxxxxxxxxx>]

Not exactly what you asked, but according to the folks at www.mrci.com (I'm a subscriber, otherwise have no interest), the June S&P500 futures contract has tended to close higher on or about June 5 than it closed on or about May 25 in 13 out of the last 15 years, with the average move net up 13.67 points.  Of course, past performance is no...blah blah blah.  Based in part on that past history, I cautiously went long around 2pm EDT yesterday (the 25th) although I'm quite nervous about it given the recent downfall both in the US as well as in global markets.  I'll have a pretty tight stop, but so far so good.

 

Larry

----- Original Message -----

From: Ron Cernokus

To: realtraders

Sent: Friday, May 26, 2006 11:33 AM

Subject: [RT] Memorial Day?

Anybody have and information on the typical Memorial Day week-end market behavior.  Such as, is the Tuesday after usually an up or down day? 

 

From what I have studied about days of the week........Tuesdays are generally considered quite bullish.

 

Ron

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