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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (17692)1/21/2016 9:42:02 AM
From: richardred  Read Replies (1) of 33421
 
I had a felling you would be bringing up that point John. :+ ) Which is very appropriate IMO.

Maybe it's just me remembering 1987 so vividly. Seeing and feeling what it's like to be in that market and go through a big % drop. A little memory posted below. I know I've mentioned it in the past , but didn't post it because SI didn't have the picture downloads back then? You can see the word Panic on the cover.
Message 24299443

The reason I posted that chart was more recent history and to show that things are orderly at this point, even though were getting some big point declines. You must know how CNBC likes to sensationalize certain talking points. There have been no circuit breakers used yet. We would still have to have a bigger % move down like in 1997.



P.S. 1987

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