"Were bear years the only years which followed a first day...

"Were bear years the only years which followed a first day up?"

Redbacka, of course not. The first post on this subject proved that not the case. My point is that you can't tell whether or not the year will be a bull or bear year by the first trading day of the year so I have successfully debunked the theory.

Now I'm not sure what the percentage of up days is over time in both bull and bear years but I'll take a guess that 65-70% of days are up days. Therefore, in bull years that percentage would be higher while in bear years it would be lower. And considering xmas and the first week in January is seasonally bullish you could expect the first trading day of the year to have a higher percentage still of up days.

Have I made my point??!!!

Case closed