The Nasdaq’s Losing Streak

The Nasdaq Composite (^IXIC) looks to snap its eight-session losing streak today.
The Dow’s record is 12 straight down days which happened twice, once in 1941:
28-Jul-41 130.06
29-Jul-41 129.19
30-Jul-41 128.95
31-Jul-41 128.79
1-Aug-41 128.22
4-Aug-41 128.17
5-Aug-41 128.14
6-Aug-41 128.10
7-Aug-41 128.09
8-Aug-41 127.48
11-Aug-41 126.01
12-Aug-41 125.81
13-Aug-41 125.65
And another in 1968:
8-Jan-68 908.92
9-Jan-68 908.29
10-Jan-68 903.95
11-Jan-68 899.79
12-Jan-68 898.98
15-Jan-68 892.74
16-Jan-68 887.14
17-Jan-68 883.78
18-Jan-68 882.80
19-Jan-68 880.32
22-Jan-68 871.71
23-Jan-68 864.77
24-Jan-68 862.23
Strange. Today is the 40th anniversary of the second one.

Posted by on January 9th, 2008 at 3:32 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.