Notes on the 1990 Nikkei Crash Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Notes on the 1990 Nikkei Crash

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jack Hartmann who wrote (1)	4/23/2000 4:38:00 PM
From: Jack Hartmann	Read Replies (1) of 27

i do agree that P&F seems remarkably consistent in terms of predicted outcomes. i'm just pointing out that circumstances may arise where that could change. to give you an example, when the Nikkei had it's big collapse in 1990, it really was oversold all the way down. and yet there was a period during which simply no bounces whatsoever occurred. it just went down, almost every day (after the first bounce that followed the initial break). the devilish thing was that it didnt really crash in the conventional sense...i.e., yes there were a few BIG down days as well, but mostly it went like 1,5-2% down every day...like Chinese water torture. i haven't seen what the Tokyo BP did during that time, but i bet you it was screaming oversold like everything else. Message 13309895 ********** I remember the gradual erosion too. Jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next