USMarketView

While today’s uptick is a mere .02%, nevertheless, the market managed four plus days after Monday’s loss. Yet despite the week’s gain, the close still lags 5 points behind the previous post dip high of 1489 posted on the day after Labor Day.

With closing prices rising every day after Monday’s .13% decline, the market experienced a +4 (successive positive closes) pattern for the eighth time this year. Since 2000, only 57 such trading days occurred, while 607 of these took place since 1950.

This entry was posted on Saturday, September 15th, 2007 at 12 122007000000Sat, 15 Sep 2007 00:37:36 +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.