frontpage hit counter

Mr. Unlucky’s Almanack

Do the aphorisms and observations of Benjamin franklin and his Poor Richard still apply, or are we beyond hope and salvation?



…must come down, or not?

Here’s what got me thinking.  The Wall Street Journal reported today that the recent run-up in the Dow Jones average is almost unprecedented.  First, it’s been 978 trading days since the Dow Jones Industrial Average dropped 10 percent, the second longest such run on record.  Second, the market has gone 135 trading days without a 2 percent downward correction, the longest such stretch since 1958.

One thought:  Time to sell outright or short sell.  (You didn’t know I was a day trader, did you?  haha  More likely, I’m just a daydreamer!)

You Might Also Like:


Posted in Almanack Musings |

Email This Post Email This Post

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.