ToddC

Two Day Declines: No Sweat Off This Bull's Back

Here's an analysis using SPY price data going back to 1/29/1993:
Trading Days: 3616
% of Days with > 1% loss: 12.09%
% of Rolling Three Day Periods with > 3% loss: 4.15%
% of Rolling Five Day Periods with > 5% loss: 1.77%