Just like that NASDAQ back in the green n dow and s$p almost there. Will be up 11 days if NASDAQ is up today
For a real down turn I'd expect to see substantial distribution, as proposed in this chart of Oil vs Usd:
What do you mean distribution? Saudis are distributing oil to the world. Oil has already gone down, which means no inflation, more QE forever. More paper money supply means price of stocks have to go up. Demand and supply or something like that.
The more people spouting statistics like this, the more likely it will go up. Not just saying it, I backtested it and find that the chances of another up day is more than down day when we get a chain like this.
Good point, so semantically, redistribution. I was under the impression that QE was supposed to decouple the economic impact of such market shocks as oil. Until there is something else more worthy of demand, I would agree.