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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (14933)2/6/1999 4:48:00 PM
From: GROUND ZERO™  Read Replies (2) of 44573
 
Could be Monday afternoon..... In 1987, the 508 point drop was on a Monday after a 108 point drop on Friday.....it opened and went straight down like a rock...a big rock..... I'm really not suggesting that would happen here, but that's what happened then..... the tape was hours late, no one really knew what price anything was until after dark that evening.....and it was dark, man........ of course, Monday's low was the low for the move..... as my wife said to me that evening, "What a bargain, everything's on sale at one third off."<g> Well, that's a woman's perspective for you and I couldn't argue with her, and we bought everything in sight and chewed our nails down to the nub.....

GZ
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