> From: Doug Henwood <[EMAIL PROTECTED]> > Subject: [PEN-L:12753] RE: Overcapacity? > This may actually be true. There's a study somewhere, sorry I don't have > the reference, showing that the S&P 500 does better on days when it's sunny > in New York than on days when it's not. > > The market also does better on days just before and after holidays, > probably for similar reasons. The fate of the NY Yankees must surely be a factor as well. Tell us, has the market correctly discounted the likelihood of their winning the World Series, and if not, should we go short or long? MBS (Stopped rooting for Yankees when R. Jackson was traded by Mr. Unindicted Unmentionable.) =================================================== Max B. Sawicky Economic Policy Institute [EMAIL PROTECTED] 1660 L Street, NW 202-775-8810 (voice) Ste. 1200 202-775-0819 (fax) Washington, DC 20036 http://tap.epn.org/sawicky Opinions above do not necessarily reflect the views of anyone associated with the Economic Policy Institute other than this writer. ===================================================