One Percent Days

Here’s an example of how much Wall Street has changed over the past few years.
The S&P 500 is currently up about 1% for the day. If it holds, this would be our third session in the past 12 weeks with a swing of more than 1%. Yet none of those days has been over 1.3%. For the six year period from 1998 through 2003, the market averaged a daily swing of over 1.3%.

Posted by on November 6th, 2006 at 2:43 pm


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