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Technamental

07/12/12 5:55 PM

#2835 RE: Stockmine #2832

Stockmine - I dug this up. I just copy/pasted and take no responsibility for accuracy. URL/Source below

From August 2011

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We just completed the 7th consecutive down day for the S&P 500 index. A colleague of mine sends me these stats*, which I found pretty amazing:

Since 1988, there have only been 4 times where the SPX was down for at least 7 days in a row. 3 of those streaks were extended into an 8th day, and none lasted for 9 days.

On the flip side, since 1988 there have been 20 streaks of at least 7 days in a row to the upside.

Since 1998, there have only been 2 streaks of at least 7 consecutive down days, with one of those lasting an 8th day.
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http://kiddynamitesworld.com/surprising-market-stats-7-consecutive-down-day-streaks/