Tuesday, February 01, 2011

The Monthly Strength Pattern $$

CNBC mentioned how strong the first trading day of the month has been recently. It's been up six months in a row and thirteen of the last fifteen. It looks to tack on another win today.

I read somewhere that for the past year or so, all of the market gains could have been had by investing only on the first of the month, and being out of the market the rest of the month.

Norm Fosback identified the monthly strength period and holiday trading patterns. I wrote about the Seasonal Timing System trading patterns at the link.

As the saying goes, "You can learn a lot from history."

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