Thursday, November 29, 2007

Two Up Days in a Row!

With the Dow on pace to trade in positive territory for the second day in a row, the index will break its streak of 20 trading days without two consecutive up days. In the table below, we calculated each period since 1970 where the Dow had a similar streak of at least twenty days. For each period, we calculated how the index did during the month before the streak was broken (includes the performance during the two up days) as well as how it did following the second up day.

Sp_500_streaks

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.