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To: pater tenebrarum who wrote (6519)7/27/2000 4:10:39 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436259
 
<< wasn't aware that '32 was so volatile...but presumably that has to do with the fact that most stocks were so low priced in '32, that the fractional moves of 1/16 or 1/8 were very large in percentage terms.>>

Bingo. The whole market was like trading DROOY! Speaking of that, Anglogold battled back and finished unchanged. I like our chances here, even with the usual end of month games. Luc could actually be right <shudder!>



To: pater tenebrarum who wrote (6519)7/27/2000 4:22:18 PM
From: LLCF  Read Replies (1) | Respond to of 436259
 
Re. Dow volatility bar chart:

The chart shows the % of the days that the DOW moves > 2%. Since 1987 you have 4-5 years where 5-8% of the days move > 2% the other 8 years there were less than 5% of days moving that much [several in the 1-2% range].

The only years that stack up to this year [over 15% of days the dow moved > 2% so far] were 1987, 1974, 1929, 30, 34, 37, 38.... with 1931,32,33 being off the chart, all having over 30% of the days with > 2% DOW moves. 1932 saw about 1/2 the days having > 2% Dow moves.

DAK