Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: robert b furman who wrote (22740)	8/3/2011 12:49:51 PM
From: fred woodall	2 Recommendations Read Replies (1) of 223204

Dow hasn't dropped nine straight since Feb. 78'. The blue chip index has fallen 9 days in a row only 10 times in its history. 7 out of those 10 cases the 9th down day was followed by a 10th down day. Twelve is the longest losing streak on record that happened twice. 1941 and 1968. The market is up 1.5%, on average, in the week following such epic slides. But has been .3% lower, on average, in the month following such declines and is down 1.5%, on average three months later. By the wsj.com by MarIf Gongloff at the poker table....who would want those odds.

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