"Super Bowl Theory Says, Go Long
by Irwin Kellner
Tuesday, January 25, 2011MarketWatch
The Super Bowl indicator is giving an unambiguous buy signal.
According to the Super Bowl theory, stocks will rise this year no matter which team wins. This is because both the Green Bay Packers and the Pittsburgh Steelers trace their roots to the original National Football league. And this theory postulates that when a team from the old NFL wins, the stock market tends to go up.
Although Green Bay appears to be the early favorite to win the game, investors might be better off if Pittsburgh wins. The Dow Jones Industrial Average has risen an average of 14% in the three years that the Packers won, while rising an average of 18.4% in the six years that the Steelers were victorious."
super-bowl-theory-says-go-long: Personal Finance News from Yahoo! Finance
Tuesday, January 25, 2011
Super Bowl, Stocks To Go Long
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