Oct
13
An Interesting Run, from Victor Niederhoffer
October 13, 2012 |
That was an interesting run of 6 consecutive open to close down in the S&P. 9 of the last 11 have been down. It happened 15 times in the last 17 years. Neutral to bearish the next day. But the 6 in row happened 29 times. That is inordinately low. What consternation there must be among flexions and related world institutions.
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