3.5%+ up moves

Discussion in 'Trading' started by drukes1234, Jan 22, 2008.

  1. Does anyone know what the average return is in the markets when there is a 3.5% up move in the averages? Assuming the mantra "the biggest up moves occur in bear markets" I would venture to guess that a month or two after the 3.5% or 4% up day the market should be lower.
  2. The reason I ask is because the Canadian markets which are rarely volatile was up 4.5% today
  3. World markets are catching up to us, we didn't crash as expected due to Benny Boy. I doubt we follow tomorrow.