Thursday, January 20, 2011

Knockin' On 7's Door


Another fairly well done Steelers fight song set to Bob Dylan's "Knockin' On Heaven's Door". Enjoy!

If You Needed Another Reason To Cheer For The Steelers:
I'm sure there is some kind of mystical, magical connection between the stock market and the NFL, I'm just not exactly sure what it is. 
As the following data so clearly shows whenever the Pittsburgh Steelers won the Super Bowl the S&P 500 was up an average of 21%! And never a down year.
When the Bears and the Packers won the market also went up.
But the only time the Jets won in 1969 the S&P 500 was down 11.4%.
So if you want to have a good year, cheer for anyone other than the Jets. 
Pittsburgh Steelers
1975: up 31.6%
1976: up 19.2%
1979: up 12.3%
1980: up 25.8%
2006: up 13.6%
2009: up 23.5%
Green Bay Packers
1967: up 20.1%
1968: up 7.7%
1997: up 31%
Chicago Bears
1986: up 14.6%
New York Jets
1969: down -11.4%
Ok, another excellent Steeler video to get you fired up. Enjoy the game!

More On The Attractiveness of Muni Bonds:

Following up on my last note regarding the attractiveness of the muni bond market is this video interview with Bill Gross. Near the end of last year Bill Gross of Pimco put $5 million of his own hard earned money into municipal bond mutual funds run by Pimco. So far he has lost money. But if you think his reasoning was right muni's are even more attractive today.



Hu Jintao visits Washington:

This is a somewhat funny video that was created in South Korea showing how Asia views the China/America relationship. Only somewhat funny because it hits a little too close to home.


Be careful out there, and keep the light's on,

Chris Wiles, CFA
412-260-7917


For prior Rockhaven Views visit:

This article contains the current opinions of the author but not necessarily those of the Rockhaven Capital Management.  The author’s opinions are subject to change without notice. This article is distributed for informational purposes only. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed.

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