Saturday, June 07, 2008

Pop quiz, hotshot.

There's a bomb on a bus. Once the bus goes 50 miles an hour, the bomb is armed. If it drops below 50........ oh wait, wrong one.

Ok, here is the rght question, hotshot:

What's the average day's point move on the Dow, over the last year?  Take a guess.....


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It's 114 points!  Hard to believe huh?

Ok, here's where it gets interesting.  What's the average day's point move on the Dow, over the year prior?  Take a guess.....

It's only 53 points!

Now, that's what I call a regime shift.




2 comments:

Unknown said...

not really. if the market had gone up by 2x it would be about the same. however i know what you are trying to say and I am just being a pain.

Chad Patel said...

Right, and if monkey flew out of ....
but they don't and it hasn't :-)
The Dow is in the same territory (and lower) since.