Cruzan
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Fri Oct-19-07 09:55 AM
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Just a heads up.
Oh, and twenty years ago today was the '87 crash. :wtf:
:hi:
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DemocratSinceBirth
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Fri Oct-19-07 10:01 AM
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1. Dow Would Have To Drop 3,100 Points In A Day To Match That |
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I think circuit breakers break in and the markets close before that happens...
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Cruzan
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Fri Oct-19-07 10:04 AM
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2. A 1350 point, or about a 10% loss, would kick in the first circuit breaker |
DemocratSinceBirth
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Fri Oct-19-07 10:10 AM
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4. And Eventually The Market Closes |
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The Dow that day was actually down 47% at one time before the bargain hunters came in...
The market is a counter intuitive mechanism... All kinds of competing cliches from "you can't catch a falling knife" to the "time to buy is when there is blood in the streets"...
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TechBear_Seattle
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Fri Oct-19-07 10:10 AM
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3. 1.47% at the moment. Barely worthy of note |
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Get back with us if hit a 3% change. Anything less than that is normal.
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Cruzan
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Fri Oct-19-07 03:09 PM
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5. Closed down 366.94 or 2.64% |
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