Please guys, GET IN THE MARKET SOON

Tavurth said:
I agree with you, next week we should see almost 4,500 and the bull seems unstoppable after that.
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That's an 8.5% gain in one week.

Since 2005 we only had 5 weeks with a weekly gain greater than 7.24 % and those were during financial crises and way higher volatility than we're currently seeing.

So, obviously a completely unrealistic scenario for next week.
 
tiddlywinks said:
Friday, SP500 CASH opened below previous close, and closed below previous low.

prolly nothing.
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The last 15 times that happened the market closed lower 71 % of the time for the coming Monday.

EDIT: I stand corrected. That was for open below prior close and a negative net change.

For the data in the quoted post the following Monday is negative only 53 % of the time.

Still, what I first wrote stands true. Monday is also statistically the weakest day of the week.
 
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