"My sense is that you will have a January effect."

This factor helps explain the strength of the January effect in 2001.

But there was also the "January effect" pushing the market upward.

You'd think that by now, researchers would have figured out the exact cause of the January effect.

Brokers have used the January effect as a marketing tool for several years.

But this year, many stock analysts predicted the January effect could return with a vengeance.

Of course, many dismiss what some traders call the "January effect" as nonsense.

More support for the January effect is found in year-end tax-loss selling.

Many market watchers said they expected the January effect to continue this year, but several mitigating factors could make it smaller than average.

Partly because once such patterns are identified investors respond to wipe them out, there has not been a real January effect in three years.

Besides the January effect, there are other signs of a downturn, however unscientific they may be.

Then the January effect could kick in.

That explains how the January Effect became just about as pronounced for stocks whose losses occurred in the first half of the year.

The January Effect January's figures are often affected by items that change price only at the beginning of each year, he said.

Some academics attribute the January effect to tax-loss selling the month before, which depresses prices.

Because small caps are also among the biggest casualties this year, there is good reason to expect the January effect to be strong in 2002 as well.

When combined with the four-year presidential cycle, historically the largest January Effect occurs in year three of a president's term.

NOT that knowledge of the January Effect is useless.

January effect (repeating and predictable price movements and patterns occur on the market)

Perhaps because of the poor performance, there are some signs that fewer investors are trying to maneuver themselves to take advantage of the January effect.

Over time, the January effect would become the December effect, then the November effect.

Taking advantage of the January effect is a strategy recommended only for professionals or for risk-oriented investors who hope to realize a quick profit.

It appears that many investors were trying to play the "January effect," a pattern in which small stocks outperform in the first month of the year.

Until this new research, many scholars had dismissed tax-loss selling as a cause of the January Effect, preferring various other explanations.

The "January effect"