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In the history of the S&P SPDR (SPY), the last week in March has been positive only 5 out of 16 years. 4 of the last 5 were negative (last year showed a gain of a whopping +0.1%).amalgamator wrote:Hi Cobra,
Regarding seasonality, according to Marketsci, next week positive
http://marketsci.files.wordpress.com/20 ... 224-01.gif
They will be sending E mail at 11:30am.I will post what they say.kamukak wrote:pls tell us if they issue a buy signal. thanks
There're chances that:FJoe wrote:Cobra,
Did you find it odd we didn't/haven't retested the closing low on 3/16. Most lows get retested within a day or two in a decline that last for more than 2 weeks (then the real rally starts). Just my observation. Doesn't mean it will of course...and it doesn't look like it yet.