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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (470)8/8/1999 3:35:00 AM
From: Jon K.  Read Replies (1) | Respond to of 19219
 
All right Jim, going for the circuit breaker!

>>> It will still rank #1 in terms of the largest single day drop in the DOW
which is currently 554 points (-7.19%) on Oct 27, 1997. <<<

FWIW, I think % drop is more important than how many points it drops.
With today's one dollar, you can't even have a decent meal... but back in 1929 a whole family could have a nice meal with one buck.

>>>WE ARE ON CRASH ALERT FOR NEXT WEEK.<<<

>>>Just between you and me, I believe it is going to happen in the next two weeks.<<<

Are you extending your crash alert from one week to two weeks now?
Ok, I'll wait for that circuit breaker until Aug 20. Hmmmm, that's my birthday..... <g>

jk