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WHO CARES ABOUT JANUARY? As Goes The Week...So Goes The Year?

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"In this business all too often many rational people are willing to blindly accept as fact a quote or soundbite without verifying its accuracy.  Because the first 5 trading days of the year were up in 2010, they should not be viewed any differently than any other positive week for stocks when being used to predict market direction 51 weeks later.  It is only when stocks are down in the first week of the year that the market acts differently in the ensuing 51 weeks."
SOURCE:   The Big Picture

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