FTSE may, or may not, rise after January fall - BestInvest

Assessment of the FTSE 100's performance over the last 20 years reveals just three of those 20 years faced a bear market if there was a fall in January, suggesting the old wives' tale concerning stock market performance and January movements may be wrong. Analysis by BestInvest reveals, based on past performance, there is a 50/50 chance of the FTSE closing up or down for the remainder of 2004, as the FTSE 100 fell in January and for the rest of the year in just three of the 20 years, while another three years saw a bull even though the FTSE 100 had fallen in January. The FTSE 100 opened...