Some stats sent to me by an old friend of mine on the Dow Jones Industrial Average for 2010=
Mon: 13 green days 4 red days
Tues: 11 green days 8 red days
Wed: 11 green days 8 red days
Thur: 13 green days 6 red days
Fri: 9 green days 9 red days
Note: 2 public holidays in the u.s for monday this year and 1 public holiday for friday.
For the Technical traders he goes onto mention that this years data points to Monday and Thursday on the asx for likely buying opportunities.
Anyhow i don't day trade but the above might work for some and not for others.
Keep in mind that the data compiled above is for entertainment purposes only.
Now just for fun i reckon we might see +48 points...
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- *monday 17th may*
Some stats sent to me by an old friend of mine on the Dow Jones...
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