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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.26-0.3%2:55 PM EST

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To: Captain Jack who wrote (8190)8/21/1997 7:37:00 PM
From: Sonki   of 27012
 
john,frank: thank you for your personal experience. I doubt we will see a single day drop like that again. Correct me if i am wrong... reasons being:

1. program trading and market halts in place.
2. money will keep flowing as people are getting used to 10% corrections.
3. Global econonmy needs to be looked at in a different light.

But if we do get a crash, i think it will be slow and a painful one.
It may take a week to fully realize we are in one.

In sucha a situtaion what does your experience tell you?
do you think we would recover in 10 months?

longer? since market has had great rise(90% in 3 years).
shorter? due to money flowing in? (assuming intrest rate hike)

How would you speculate such a day/week with program trading curbs and total market halts in place?

thanks again. just curious - don't mean to alarm anyone by my curiousity. Every leap/margin/option player should consider such an event. One of those dips that we buy on may be a cliff.
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