本帖最后由 银河金星 于 2009-2-4 01:54 编辑
The Year of the Ox: Carrying a heavy load through 2009 By John Nyaradi, Wall Street Sector Selector Monday, February 2, 2009
Last week, investors alternately felt hope
and despair as the markets continued their wild gyrations. January is
already ranked in the Top 100 of volatile years and so as the Year of
the Ox gets underway, investors around the world are looking for clues
as to what might be in store for us as we move through 2009.
Asian markets were closed early in the week for Chinese New
Year as the Year of the Ox was ushered in with fireworks and great
fanfare. And this week marks the beginning of the seemingly never
ending hype leading up to Sunday’s Super Bowl.
Both Chinese New Years and the Super Bowl are good diversions
and escape from the economic problems of the world, and stock market
prognosticators have developed interesting forecasting models around
both events.
Are “Ox Years” good or bad for us as investors? What might it mean if Arizona or Pittsburgh wins this week’s Super Bowl?
Beast of Burden or Just a Beast?
Ox years are earth years, and therefore 2009 should be a calmer
year than 2008. According to Raymond Lo, a feng shui master quoted in
Reuter’s, the year of the ox will be the most peaceful year globally
since 2000, but without a fire element, there will be no motivator to
make stock prices rise. However, according to Lo, the stock market will
still be at low levels approaching the end of the year which would be a
good time to buy ahead of the recovery in 2010 which is the Year of the
Tiger, one of the strongest symbols in the Chinese zodiac.
People born in Ox years, “Ox people,” tend to be serious and
hardworking, and famous ox people include Richard Nixon, Margaret
Thatcher, and, lo and behold, Barack Obama.
And lest you think this is a bunch of hocus pocus, well known
Japanese research company, the Daiwa Institute, issued a report that
the Nikkei Index fell on average more than 11% during the five most
recent ox years.
AFC vs NFC
Now turning our attention westward, let’s take a look at the Super Bowl indicator.
This weekend, as usual, the country will come to a standstill
and forget, at least for a moment, about “bad banks,” layoffs, earnings
disappointments and fiscal bailouts to enjoy the unofficial national
holiday of Super Bowl Sunday.
In time honored tradition, we’ll watch teams from the American
Football League and the National Football League play for a “world
championship” in a sport that’s only played in America. However, the
Super Bowl does have global implications in the fact that the “Super
Bowl Indicator” does have a remarkable accuracy rate for predicting
subsequent stock market action and so it’s worth at least as much
consideration as the usual pageantry and excess of the Super Bowl
halftime show.
The Super Bowl Indicator is based on the uncanny reality that
in years when a team from the old NFC wins, the stock market rises
during the following year, and that in years when a team from the old
AFC wins, the stock market falls. Going all the way back to the
beginning, the Super Bowl Indicator has been right 33 out of 42 times
for a 79% success rate.
Last year, in case you’ve forgotten, as I had, the New York
Giants won in a dramatic fourth quarter finish and so the stock market
should have had an up year. Alas, like so many other things that failed
in 2008, the Super Bowl Indicator failed to show us the way to higher
prices for 2008.
But the good news is that both teams in the Super Bowl this year are from the old NFC.
Could this mean that it’s 100% certain that the market will be up for
the year? We can only hope that 2009 will be the year that this well
known indicator returns to its winning ways.
January has started out to be a tough month, just as tough as
2008’s grinding close. But with trillions of dollars of government
stimulus and bailouts working their way through the system, one must
consider the fact that sometime, sooner or later, all this money should
turn things around, or at the very least, slow the deterioration, so we
can finally see some light at the end of this long, dark tunnel.
The Ox says 2008 will be lackluster, at best, and the Super
Bowl says the market has nowhere to go up, so let’s hope for the best
and have a great Super Bowl Sunday and 2009.
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