Today's gain of 415 points ranks 4th on the list of the top positive point days for the Dow. Below we highlight all +300 point days for the Dow. While investors should really look at the daily percentage change for comparison's sake, big up days based on points are significant because of their impact on investor sentiment.
Wouldn't it be better to look at percentage moves than point moves?
Posted by: Chris | March 11, 2008 at 05:38 PM
Chris,
We mentioned why we looked at point moves in the text of the post.
Posted by: Justin | March 11, 2008 at 05:52 PM
Hi.
And what happened one week later? and one month later?
Thanks for the info,
Posted by: Luis | March 12, 2008 at 01:35 PM
Since most of these data points were within bear markets, it might be a good idea to see if they occured preceding bear market bottoms or subsequent to one.
Posted by: Guru | March 13, 2008 at 04:14 AM
Thanks for the info.
By the way, what's happen to Dow 5 days (1 week) later? 30 days (1 month) later?
Thanks again,
Posted by: Luis | March 14, 2008 at 02:29 PM