You did take my advice didn’t you? If you did, then because of the January effect, you bought the S&P500 at 1180.55 on November 30 and sold it on the first trading day of the new year, yesterday, at a price of 1271.87 and made a 7.5% return in a single month.
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4 comments
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January 4, 2011 at 11:37 pm
Eugene Fama
Did you do so?
January 5, 2011 at 1:24 pm
wellplacedadjective
+1.
fama, ftw.
January 5, 2011 at 5:22 pm
jeff
Ahem. Note the name of the blog 🙂
January 5, 2011 at 9:45 am
Bobtheweasel
If stocks go down in DECEMBER, why buy them in November?