Dow Winning Streak

Tuesday, May 08, 2007 | 03:45 PM

Nice look at the Dow winning streak, via WSJ

>

click to see Public WSJ page

Dow_run_2

Rank

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Mark Hulbert of MarketWatch asks:  What are the odds of the Dow being up  24 days of 27?

Over the course of 111 years -- 30,000 trading sessions -- since the Dow was created in 1896, Rudi Fahlenbrach, an assistant professor of finance at Ohio State University's Fisher College of Business, caclualtes the odds are between one and two times in an 111-year period -- exactly what has happened.

Tuesday, May 08, 2007 | 03:45 PM | Permalink | Comments (11) | TrackBack (0)
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Comments

I think this time is different... we are in a permanent high plateau. LOL.

Posted by: rs | May 8, 2007 4:08:04 PM

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