Forbes' Intelligent Investing Panel: The Three-Day Anomaly
Written: May 8, 2009
- Bill Singer, Attorney and publisher of http://BrokeAndBroker.com and http://RRBDLaw.com
In his weekly Forbes' Intelligent Investing column, Bill Singer points out an intriguing bit of data:
Since March 3, 2009, the DJIA had not fallen more than two consecutive days. It had fallen three or more consecutive days on five separate periods previously in 2009, but had not sustained such a trend since March 3.
How can you use this anomaly to gauge the market? Read the full article and examine the day-to-day DJIA chart at :
http://www.forbes.com/2009/05/07/bill-singer-trading-intelligent-investing-occam.html
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