Dow’s Another Losing Streak

Today, May 18th, Dow made a down day, which was the 13th down day in the previous three weeks or 15 days. Since 1970 Dow has had such a losing streak only 24 times (excluding the current one). Out of these, 11 times Dow had a positive day next day and 14 times it went on to record another…

Around The Net In Ten Posts – Friday May 18, 2012

Here is what I am reading this morning: Who is Responsible for the Greek Tragedy? (Project Syndicate) Risk Was Never as Dominant as We Thought (WSJ Blogs) Portuguese Find Oasis from Crisis in Former Colony (Spiegel Online) What Dow Theory says about correction (Market Watch) Why Rupee has been the worst performing currency among emerging…