2004 Redux–into a negative trend line?

I’m continuing with the hypothesis that there are a lot of similarities to the 2003/2004 market that might help  predict the future action of the market.   Clearly volatility is higher now than the 2003/2004 period, and the transition from upward trend line to a sideways market has been scarier–but these are scary times.  Looking back at 2004, the market went into a slightly declining …

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Rally or Fall — this week should tell

I’m don’t pay much attention to the month of the year predictors for the stock market such as “As January goes, so goes the year”. As this post points out, the statistics are hardly overwhelming.   There are tax and cultural reasons (year end, lots of time off/holidays) that reasonably give December and January some seasonal effect, but as far as predictors go, it is …

Read moreRally or Fall — this week should tell