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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (8505)8/3/2000 4:29:46 PM
From: AllansAlias  Read Replies (4) of 436258
 
Stat's Regarding Jobs Report And NASDAQ Composite

I just did a quick scan. The data is not definitive because I did not bother with Friday's that are holidays and other anomalies. It will be within a percent or two.

Since 1985 we have:

 187                 Number of reports
 128    (68%)        Report days that are up days, close->close
                        (126 for open-close)
  85    (66%)        Number of times the next day is an
                        up day as well.
 106    (57%)        Number of days that are up preceding
                        a report

Last report day that was not up close-close or open-to-close:
                     Aug, 1999


You say 97% chance for Dow and S&P. That seems awfully high. Did you do the scan yourself? Tx.

--Allan
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