Dow Winning Streak
Nice look at the Dow winning streak, via WSJ
click to see Public WSJ page
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.
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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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