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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 462.37+1.2%1:42 PM EST

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To: Susan G who wrote (22067)8/5/2002 10:12:59 PM
From: j g cordes  Read Replies (1) of 26752
 
RE. the article on two 90% down days.. anyone know how many times that's happened?

If its only happened lets say twice ( '29 and '87 ) then the statistical correlation would require the market to have similar drops of misery.. then again if 90%er's are common we're not in such a bad way.

It bugs me when they site some stat like that but don't back it up with content so one can give the argument some thought.
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