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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Jorj X Mckie who wrote (10654)11/20/2008 12:49:30 PM
From: The Ox  Read Replies (3) of 33421
 
Do we need a 1000pt down day to get the fear juices flowing?

Well if these selloffs haven't had your fear juices flowing...?!?

Recent Nasdaq days on the downside (all in the last 8 weeks):

09/29/08 -9.14 No bailout, WB bought by C. Dow down 7.0%. S&P down 8.74%
10/15/08 -8.47% Retail numbers were bad, beige book bad.
11/19/08 -6.53% fed says unemployment could be 7.6%, recession all 2009.
10/07/08 -5.80% MS fears the Japanese bank will pull financing and BAC has horrid earnings.
11/5/08 -5.53% election results and profit taking after 205 runup.
10/09/08 - 5.49% GM and MS downgrades, shorts allowed back
11/12/08 - 5.17% Treasury not buying toxic mortgage assets.
11/14/08 - 5.00% Worst retail month in Oct ever.

Above borrowed from:
Message 25190284
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