Dollars and Jens
Monday, January 12, 2004
As goes the first week, so goes the year?
Page C-1 of today's Wall Street Journal has a graphic indicating how the market has done over the last half-century or so in years where the first week is up (up an average of 13.8%) vs. years in which the first week is down (up an average of 1.9%). Wouldn't it be more interesting, though, to know what the market does in the rest of the year, rather than in the entire year (including the first week)?

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