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Wild Days

Posted By Barry Ritholtz On November 25, 2008 @ 9:15 am In Markets,Psychology,Technical Analysis,Trading | Comments Disabled

Floyd Norris notes that we have just had “two consecutive trading days when the Standard & Poor’s 500-stock index rose more than 6 percent each day — the first time that happened since 1933. They followed the first two consecutive 6 percent declines since 1933.”

Norris notes that after four days, the S.& P. is down 0.9%. “We may not be accomplishing much, but it sure is a lot of fun.”

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Source:
Wild Days [1]
Floyd Norris
November 24, 2008, 5:17 PM

http://norris.blogs.nytimes.com/2008/11/24/wild-days/


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[1] Wild Days: http://norris.blogs.nytimes.com/2008/11/24/wild-days/

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