It is Interesting to Reflect

日期:2013/12/01 

It is interesting to reflect that since 1996 there have been 113 days when the SPU was down 300 or more big points (i.e. 900 to 600), and the average change the next day was down 3 points. There were 11 first such occurrences and the moves the next two days were slightly different. There was no occurrences during the last 18 years when SPU was up more than 300 big points in the previous 100 days. The reflections stemmed from an untested hypothesis of mine that the stock market might be more bullish when there had been a huge rise in the previous 6 months or so. I found no evidence to support this reflection.