Intelligent Investor

Should You Buy Today For A Bounce Tomorrow?

By · 9 Aug 2011
By ·
9 Aug 2011
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Here's an interesting snippet from the BTIG New York desk. It shows the market moves one day, one week and four weeks after the largest one day falls of the past 50 years.

Market bounces.jpg

Interesting that the one-day or one-week bounces happen regularly but out a month is seems less reliable.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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