The Wide Angle – January 28, 2008
Tags: Diamonds (DIA), Spiders (SPY), NYSE Euronext (NYX), NASDAQ (NDAQ) 9 am ET…January 24…2008 --- The Big Picture, in Sharper Focus The January Effect… for GARP Investors A number of investment theories proliferate at this time of year…though after this month’s volatile market and steady decline, the January Effect provides a reasonably reliable barometer. The prevailing theory is “How goes January, so goes the year”. A corollary states that it is really the first five trading days that serves as a harbinger of the year. Either way, one or both of these measures have applied for each of the past…