SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: xstuckey who wrote (81696)12/30/1999 1:30:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
X, one of the fastest has to be the Nikkei in 1990...it had a sharp initial decline right off the all-time high, followed by a little less than three weeks of bouncing around (producing a bear-flag) and the crash thereafter.
you are of course right that markets don't normally crash right from an all time high. however, if you look at the '87 crash, from the NAZ all time high (reached on October 5) it took only 2 weeks to the crash low (a decline of 50%) as the NAZ was the lone index to break out to new highs in October that year.
the INDU had peaked in late August however, and the Utilities average already in January, so it depended on which index you were watching. for the NAZ the crash was extremely swift.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News