Market Gems:Stocks w/Strong Earnings and High Tech. Rank 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 Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote ()	4/16/2000 4:48:00 PM
From: kendall harmon	Read Replies (1) of 120523

Correction or crash: Herb Greenberg from 14 april thestreet.com <<If a correction is 10% and a bear market is 20%, what constitutes an all-out crash? By 1987 standards, the number is 36% -- in other words, two percentage points away on the Nasdaq (which, ironically, has become the market!) For the Nasdaq that would be 3225 from its high of 5048 on March 10.>> Given that the nasdaq closed at 3321 that is not very far away! ((On October 19, 1987, the Dow suffered the worst one-day crash in history[before Friday April 14, 2000, that is, in overall point terms], dropping 508 points to 1738.74. The value of securities crumbled by more than half a trillion dollars. The total drop for October was 769 points. In sheer value, the point and dollar declines were greater than the crash of 1929, although the '29 crash was greater in terms of percentage. The day became known as "Black Monday."))

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next