Dow
Jones
9687.09
- 220.17
6:08
pm EST, Mon., February 4, 2002
NASDAQ
1855.53
- 55.71
For
info, visit access.smallcapnetwork.com
.
S
& P 500
1094.44
- 27.76
To
be removed, please click
here .
Russell
2000
470.09 - 9.95
VOLUME
02:
ISSUE 10
Patriots Win But The Markets Lose!
This
week investors will be hearing about how the markets are doomed.
The 14 point underdog New England Patriots upset the St. Louis Rams which
was said to have had the greatest offense in history. What does the
Super Bowl have to do with your portfolio?
According to the Super Bowl Predictor
theory,
if an NFC team wins the Super Bowl then the markets go up for the year.
If the AFC wins then the market drops. (Team from the old NFL ala
Baltimore Ravens (Old Cleveland Browns) are categorized as an NFC team)
Before you laugh at the notion of
a football game determining the markets, there is some hard data backing
up the theory. The indicator has been correct 29 out of the last
35 tries. Being right 82% of the time is nothing to snicker.
However, in the past few years the indicator has failed miserably.
In 98 and 99 the AFC Denver Broncos repeated as champions and the markets
were supposed to have been clawed by the bears. Instead, investors
saw the most stunning gains in history as the Nasdaq hit 5,000 and the
Dow Jones topped 10,000.
In 00 and 01 when the Rams and Ravens
won their Super Bowls respectively the markets saw a brutal decline which
seemed to send investors in to a tail spin.
Take a deep breath before you decide
to take all of your money out of the market and purchase some safe 2% yielding
CDs. The stock market has been a different animal the past four years
and 2002 looks to be no exception. We are now in a market of stocks
where individual companies have been outperforming the overall market significantly.
Remember, it is always very important
to diversify your portfolio with companies in different sectors and market
caps.
This brings us to what could be the
"Tom
Brady MVP" company of the year. For those of you football neophytes,
Tom Brady is the 24 year old quarterback extraordinaire who piloted the
Patriots to victory.
Our next profile will be occurring
this week but we do not have the precise time when the new issue is trading.
The company will be completing a reverse merger and opened for trading
this week. We will be sending out an alert to our subscribers the
moment the stock begins trading. However, for the fastest way to
find out when the company opens for trading is by visiting our home page
where you will find a real time alert.
Here's to dispelling the Super Bowl
Predictor for 2002 for SmallCap Digest subscribers.
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