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SPDR Dow Jones Industrial Average Message Board

  • rvmerk rvmerk May 21, 2008 10:58 PM Flag

    The 2 days before a Holiday weekend have been bad.

    Check it out. The 2 days before Martin Luther King day were down big time. The Dow was down about 400 pts on Jan 17-Jan 18th which was the end of the week before the MLK Holiday. It then hit the bottom 2 days after MLK day.

    Then in February, the market was down 200 pts on February 15-Feb 16 which is the end of the week before President's Day.

    All of these floor traders will want out before they go to the Hamptons for the weekend. This market is headed much lower before Friday's close.

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