Thursday, August 11, 2011

The Roller Coaster Stock Market

On 8/2/2011, the Dow was DOWN -265.87 (-2.19%)
On 8/3/2011, the Dow was UP 29.82 (+0.25%)
On 8/4/2011, the Dow was DOWN -512.76 (-4.31%)
On 8/5/2011, the Dow was UP 60.93 (+0.53%)
On 8/8/2011, the Dow was DOWN -634.76 (-5.55%)
On 8/9/2011, the Dow was UP 429.92 (+3.98%)
On 8/10/2011, the Dow was DOWN -519.83 (-4.62%)
On 8/11/2011, the Dow was UP 423.37 (+3.95%)

It doesn't take a genius to notice the pattern. Look for the Dow to fall about 500 points tomorrow.

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Update 8/12/2011. Oops, the Dow was UP 125.71 (+1.13%) today.

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Update 8/18/11

On 8/12/2011, the Dow was UP 125.71 (+1.13%). (Breaking the pattern)
On 8/15/2011, the Dow was UP 213.88 (+1.89%).
On 8/16/2011, the Dow was DOWN 76.97 (-0.67%).
On 8/17/2011, the Dow was UP 4.28 (+0.00%)
On 8/18/2011, the Dow is DOWN almost 500 points.

So, the pattern continues, except for 8/12. Look for the market to be up tomorrow.



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