Record Breaking S&P/ASX 200

Discussion in 'Stocks & Derivatives' started by Blame_Game, Apr 7, 2011.

  1. Blame_Game

    Blame_Game New Member

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    Reading todays edition from ASI authored by Kris Sayce and I have just been made aware that:

    " Since the S&P/ASX 200 was first established on 17 October 2011, the index has never - repeat, never - had a run of thirteen up-days over fourteen trading days. Yet that's exactly what has happened since 18 March."

    Seems the stocks have taken the elevator up this time............but what are they going to take on the way down?
     
  2. Ouch

    Ouch Active Member

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    Is the date correct? October 2011?
     
  3. Blame_Game

    Blame_Game New Member

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    Yes. Kris is a time traveler on Thursdays. I think he posted this a few years too early.
     
  4. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    I still dont get it - is this fiction ( due to the date ) or ?!

    Can you post a link please,..
     
  5. Blame_Game

    Blame_Game New Member

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    I cant post a link. It was in an e-mail newsletter i receive.

    It is fact. The publishers made a mistake. It should read '2001'

    The point is, the climb in stocks over the past couple weeks has been very unusual compared to other runs in the 10 year recorded history. Especially since in those 10 years we have had a couple good bull markets and right now we are in anything but.
     
  6. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    So the 13 up days happened in this March just gone for the 1st time sice 2001.

    hehe

    The dead tiger bounce
     

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