Todays positive close continues the pattern of alternate up and down days. Combining this positive close, with yesterdays negative, and the previous two consecutive plus days, describes a sequence of +1 / -1 / +2 days .
Moreover, the record shows the sequence of +1 / -1 / +2 days occurring 72 times in the 1,929 trading days since 2000. The average increase is .79% , with the range extending from .04% to 2.36%
This entry was posted on Thursday, September 6th, 2007 at 12 102007000000Thu, 06 Sep 2007 22:51:04 +0000 and is filed under Market Report. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.