xjo survival guide to 2012 wednesday, page-90

akk, markets generally go up and there are more up days than down days anyway. Think up by stairs and down by escalators. So it makes sense that in a bull year there will be even more up days than down days.

Anyway, I blew that nonsense theory outta the water in my post analysing the first trading day of every bear year over the last 60 years.

This subject now bores me. Ive proven it nonsense with evidence and wont be discussing it anymore.