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发表于 2009-9-25 08:08 AM
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This would only be the 7th time that the Up Issues Ratio on the NYSE closed lower than 35% two days in a row, then the S&P gapped down the next morning. After the prior 6 occurrences, the index was higher by the next day's close every time but once, with an average return of a whopping +4.3%. By two weeks later, it was up every time by an average of +11.9%. That of course suggests that any additional weakness in the day(s) ahead should be reversed. |
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