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Tuesday, January 29, 2008

A GIANT WIN: GOOD FOR WHAT AILS THE ECONOMY



Given the way the value of Americans most precious asset--their homes--are melting like a snowman in Miami, can we really afford to see our 401K's and retirement assets meltdown in similar fashion?

I didn't think so. The Patriotic thing to do therefore is for all Americans to root the Giants to victory in Arizona. It would do more to help the consumer revitalize the economy, via the "wealth effect", than any crumbs Uncle Sammie or Fed-head (Dead-head?) Bernanke might toss our way.

GOOOOOOOOOOOOOO GIANTS........

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FROM CNBC.COM
http://www.cnbc.com/id/22883662
Super Bowl Market Stats - Big Blue and Big Scores
Posted By:Ariel Nelson
AP
As Darren Rovell pointed out, the market historically has outperformed when an original NFL team wins the Super Bowl and lags when an orginal AFL team wins. [Original NFL teams that switched to the AFC when the AFL and NFL merged include the Steelers, the Colts and the Browns.] We decided to look at the market's performance of AFL / NFL teams as well as the current AFC / NFC split. Either way you slice it you gotta say GO GIANTS!!!!!!!

* 39 Super Bowls with Original AFL / NFL teams
25 NFL wins
14 AFL wins
* Avg annual returns when NFL wins
Dow up 14.7%
S&P up 13.7%
Nasdaq up 14.7%
* Avg annual returns when AFL wins
Dow down -2.8%
S&P down -0.4%
Nasdaq up 7.7%

Using the current AFC / NFC delineations, you get the following:

* 41 Super bowls to date
21 NFC wins
20 AFC wins
* Avg annual returns when NFC wins
Dow up 14.3%
S&P up 13.8%
Nasdaq up 15.6%
* Avg annual returns when AFC wins
Dow up 2.0%
S&P up 3.0%
Nasdaq up 8.6%
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