Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (30633)	5/2/2000 9:28:00 PM
From: robnhood	Read Replies (1) \| Respond to of 42523

Less we forget, The NAZ is an OTC Dealer Market--- IMHO, shortly , that fact will be glaringly remembered.

To: pater tenebrarum who wrote (30633)	5/2/2000 11:12:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 42523

Concerning volatility, I ran across an old post, from over a year ago, quoting from a newsletter from Jim Stack. These are some pretty eye-opening statistics. I can't vouch for them, since I did not read that newsletter and am only reposting, but the numbers appear reasonable: 1) 1968 was the final year of the Go-Go Fund mania of the 1960s, and saw average intraday volatility (calculated as the daily theoretical high minus theoretical low divided by the average of those same 2 numbers)of 1.71%-the highest in 30 years. Over the next 18 months, the Dow dropped over 35%. 2)The bear market years of '73 and '74 saw intraday volatility peak at a new 40 year high of 2.47%. The S&P 500 lost over 48% during those 2 years. 3) It wasn't until 13 years later that a new peak of 2.62% would be set for the infamous 1987. Even before crash day that year, '87 was on track for the second highest volatility in 50 years. And today we sit with daily swings of 4% or more on the Naz, and are beginning to accept it as normal.