Thursday, May 6, 2010

Another down day

Dow has pulled back 4.2%, SnP 5.3%, Nas 6.1% and the RUS 7.4% so far. Last correction in RUS in november was 11.5% and in Feb 10.5%. We are into the second week down. the most down weeks since march 09 has been 4. In June/July and in Jan/Feb. Otherwise two in a row is generally tops. So I am interested in whether this moves beyond 2 weeks down, and then will it break 4 weeks down or not.

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