Profunds index and sector trading

[was Steve]

good post from sallen

Posted by: sallen
In reply to: None
Date: 4/14/2004 3:20:24 PM
Post # of 1023

Heads up: NYSE decliners look like they might lead advancers by more than 5 to 1 for the second day in a row. This has happened only 15 times in the last 40 years. The following session was up 11 times, down 4 times. Overall average gain was 0.8% on the S&P. One week later it was higher 10 times, lower 4, and breakeven once. Overall avg gain 1.2%.