I doubt that these trends work out the same way over shorter periods of time, but only 87 Dow points over 80 years? Also consider the margin savings, and opportunity cost of your funds on Thur-Fri.
Edited by linrom1, 09 July 2007 - 01:26 PM.
Posted 09 July 2007 - 01:17 PM
Edited by linrom1, 09 July 2007 - 01:26 PM.
Posted 09 July 2007 - 01:28 PM
Posted 09 July 2007 - 01:44 PM
Posted 09 July 2007 - 04:55 PM
The investment game is even more rigged than I had suspected. From 10/1/1928 to last Friday, almost all Dow points were gained on Mon-Wed days only. What makes this even more diabolical game over long time is that had you bought every Mon open and sold every Wed close, your theoretical return over 80 years would be only lower by 87 Dow points. In the meantime, you could've enjoyed your long weekends and not worry about anything blowing up over the weekend. Is this a coincidence?
I doubt that these trends work out the same way over shorter periods of time, but only 87 Dow points over 80 years? Also consider the margin savings, and opportunity cost of your funds on Thur-Fri.