October 16, 2012 Second Plus Day

 

 

 

 

The DJIA led the way, increasing for the third straight session while the S&P500 and the NASDAQ repeated yesterday’s plusses. Yet the recent pattern of ‘rare’ or infrequent patterns continued, with today’s occurring just six previous times in the past 13 years.

 

 

 

 

More significant, moreover, is that two of these happened as recently as September 10 and July 30 of this year, with prices falling on the following day.

 

 

 

 

DJIA                                                  .95 percent

NASDAQ                                         1.21 percent

S&P500                                           1.03 percent

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