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
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.
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.
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.
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.
great facts...amazing #'s 917 trading days since a 2% drop...wow.... 95 days without a 1%, stunning info...