Today Mr. Market spared no one as all 65 members of the three Dow Jones indices (Industrials, Transports and Utilities) fell. We were surprised to learn that this is not all that unusual. In fact since mid 2007 this has happened 16 times and since the start of the bull market in March 2009 it has occurred five other instances. The other occurances were: 8/3/07, 8/28/07, 11/7/07, 12/27/07, 2/29/08, 6/6/08, 9/29/08, 11/19/08, 12/1/08, 3/2/09, 6/4/10, 6/29/10, 8/11/10, 8/19/10 and 6/1/11.
Comments