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Archive Home > 2009 > January > 03 > Stocks rally for 2009; is January an omen?

Stocks rally for 2009; is January an omen?

Investors are ready to believe old proverb, especially after it proved to be true in ‘08

By Vikas Bajaj / The Bulletin
January 3, 2009

NEW YORK — Among Wall Street’s many proverbs, traders say one stands above the others: “As goes January, so goes the year.”

Though it has been trotted out at the start of virtually every year since it was first popularized in the 1970s, the saying has a....

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