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01/04/2017 Live Update

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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/04/2017 Live Update

Post by Al_Dente »

THIS IS FROM 12/23/16 SO YOU HAVE TO ADJUST THE NUMBERS
It has been 116 days since we had a 5% correction. Since 1928, the average number of days before a 5% correction occurred was 50. In secular bull periods, the average number of days was 84. In secular bear periods, the average number of days was 31.

We have been 210 days without a 10% correction. Since 1928, the average number of days before a 10% correction occurred was 167. In secular bull periods, the average number of days was 331, while in secular bear periods, the average number of days was 91.

It has been 1,955 days since we suffered a 20% correction. Since 1928, the average number of days before a 20% correction occurred was 635. In secular bull periods, the average number of days was 1105. In secular bear periods, the average number of days was 486.
The current case of 1955 days without a 20% correction is more than three times the average of 635 days (for the whole period from 1-3-1928 to 12-8-2016).

Q: Why this record number of days?
A: QE and now PEOTUS
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

salt... grain... take it...

Post by MrMiyagi »

spy
spy
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/04/2017 Live Update

Post by BullBear52x »

Sell failed as usual.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 01/04/2017 Live Update

Post by BullBear52x »

Chart for the road: This is not a bearish setup, so....breakout is hopeful with this type of momentum. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Cobra
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Re: 01/04/2017 Live Update

Post by Cobra »


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Cobra
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Re: 01/04/2017 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been mixed. thank you guys, I'll see you tomorrow.

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