USMarketView

April 9, 2012    Down Day with Positive History 

The DJIA and the  S&P500 dropped for the fourth straight session as the  NASDAQ joined the decline. Yet history offsets that negative news – showing the other two such days occurring just before prices ended their long decline in 2003.

Further, that market’s profile of continuous ups-and-downs matches the ongoing variability price changes. Today, as then, variability shrouds the market’s trend.

Finally, the next day’s changes are divided equally between one gain and one decline.

This entry was posted on Tuesday, April 10th, 2012 at 12 092012000000Tue, 10 Apr 2012 09:32:43 +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.