The Stock Market Just Did Something It Last Did in 1978. History Says This Will Happen Next.

The Dow Jones Industrial Average (DJINDICES: ^DJI), one of three major U.S. stock market indexes, had declined in nine straight trading sessions as of Tuesday, Dec. 17. The last time the Dow Jones strung together a losing streak that long was February 1978.Specifically, the index fell more than 4% during the nine trading days that ended on Feb. 22, 1978. But the Dow Jones rebounded 14% in the next three months and surged 20% over the next six months. Investors who expect a similar outcome this time can get exposure with the SPDR Dow Jones Industrial Average ETF Trust (NYSEMKT: DIA).Here's the bull and bear cases for owning a Dow Jones exchange-traded fund (ETF) right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool