USMarketView

January 26, 2012                Prices Backtrack

 

Small losses set the three indices back but by less than yesterday’s advance. Today’s pattern, combined with Thursday’s changes is its 15^th repeat in this century.

In the past, the following day was split almost evenly between eight further declines and six increases.

Further, these occurred just about as often during bull and bear markets.

 

DJIA            -.19 percent

NASDAQ    -.44 percent

            S&P500        -.69 percent

This entry was posted on Friday, January 27th, 2012 at 12 092012000000Fri, 27 Jan 2012 09:37:02 +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.