Zero Hedge:
Continuing our coverage of the statistical aberration that is Mutual Fund Mondays, we have now officially resumed our adventure in Wonderland. Today marked the 18 out of the last 19 Mondays when the market was up. So far Mondays alone have generated a cumulative YTD return of just under 10%. This means that if one were to take away every Monday from every week in 2010, the S&P would have been negative. And another way of looking at the data: since September 2009, there have been 4 down Monday out of 33 total: a simplistic odds analysis indicates that there is an 88% chance that next Monday will be green. And as always: statistically self-fulfilling prophecies work until they don't.
For those of you not familiar with Zero Hedge, I encourage you to visit their site as they provide some of the most current, intelligent, detailed and realistic recaps of market data that you will not find on CNBC, Bloomberg or Fox Business News. Give they a try!
http://www.zerohedge.com/
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Really great your post will really help investors to have a good investment plan. :)
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