Apr

4

 Friday ended 4 consecutive up weeks, in DJIA comprising almost 21% gain. This came after a down week (-6% in early March, before super-heroes rescued the world).

Looking for patterns of a down week followed by 4 consecutive up weeks (DUUUU), the recent 21% is the third biggest up-move. Here are similar past moves in DJIA, along with the returns of the following 4 weeks:

Date         DUUUU    nxt 4 week
08/01/32    0.519     0.226
04/24/33    0.319     0.182
08/30/82    0.180    -0.019
11/19/28    0.146    -0.006

Fiat bail-outs appear to work, once netted against world wealth gain. Ayn refuted?


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