Discussion in 'Trading' started by mizhael, Mar 10, 2009.
Need an assessment about todayâs situation and see if it will continue to rally the next 2 daysâ¦
What about SPX?
And what about next day? I mean, the next day after a surprise rally?
Is there a way to know historically how often do we see >5% one day rally?
Maybe you could download historical data from finance.yahoo.com in "csv" format, pull it into a spreadsheet, and calculate the one-day change for all days in history. Then you could pick a time interval that you think is relevant (1960 to today? 1985 to today? 2003 to today?) and count up the number of >5% rallies in that interval.
10,000 soon on the dow
buy all you can
biggest jumps are always in a bear market
bulls give up and sell slowly
bears cover quickly, and violently
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