MARKET INDEX TECHNICAL ANALYSIS - MITA 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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon K. who wrote (459)	8/8/1999 12:25:00 AM
From: J.T.	Read Replies (1) of 19219

Jon, My definition of a crash is this: We are going to hit our first 10% down circuit breaker on the DOW, if it reopens that same day we may get a bounce and finish down 8% for the day. It will still rank #1 in terms of the largest single day drop in the DOW which is currently 554 points (-7.19%) on Oct 27, 1997. By the time this downdraft ends, the DOW could hit an interday low of 8,300 and SPX 1,005 and NDX 1,725 before the nice bounce commences. I reserve the right to change these parameters. But these are the numbers I have targeted. Best, J.T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next