92 days without a 1% decline in the S&P!!!

Discussion in 'Trading' started by S2007S, Nov 21, 2006.

  1. the records like 117 days back in the 60's. there's at least 3 times or so of over 100 days but they were all in the 60's and 70's
     
    #11     Nov 21, 2006
  2. Tums

    Tums

    when the taxi driver gives you a stock tips, you will know it is time to get out.

    no taxi driver has given me a tip yet.
     
    #12     Nov 22, 2006
  3. Yea this is a massive rally. People can't place buy orders fast enough. Everyone wants o get in and make money. All dips have to be purchased.
     
    #13     Nov 22, 2006
  4. All dips are gobbled up like Thanksgiving dinner. This will keep going thru 2006. Then in January 2007 all you will here from wall street is the Jan effect, all the new money comming into the market, the fed is going to cut rates, the falling dollar is now good, yadda yadda yadda.
     
    #14     Nov 22, 2006
  5. zdreg

    zdreg


    are you a refugee from a yahoo chat board?
     
    #15     Nov 22, 2006
  6. From Barry Ritholtz' blog.....


    It has been 95 trading days since we have had a down 1% close. This is 4.5 standard deviations from the historical norm, which means a one in 260,000 chance of happening without the intervention which we have seen.

    It has been 917 trading days since we have had a 2% down day at the close. This is 6.13 standard deviations from the norm, and the second longest streak since 1942. The odds of this happening without the Fed's intervention is one in 86,579,799.
     
    #16     Nov 22, 2006

  7. :eek: :eek: :eek:
     
    #17     Nov 22, 2006
  8. S2007S

    S2007S


    great facts...amazing #'s

    917 trading days since a 2% drop...wow....

    95 days without a 1%, stunning info...
     
    #18     Nov 22, 2006
  9. S2007S

    S2007S


    oh yea the jan effect, i forgot.....cnbc spins this as 150% positive..
     
    #19     Nov 22, 2006
  10. Bump :)
     
    #20     Nov 27, 2006