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.

Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (36955)	3/12/2001 4:25:05 PM
From: KevinMark	Respond to of 49816

(COMTEX) B: Dow's Biggest Daily Point Losses B: Dow's Biggest Daily Point Losses Mar 12, 2001 (AP Online via COMTEX) -- The Dow Jones industrial average recorded its fifth-biggest point loss ever on Monday, though it was not among the largest percentage declines ever. The worst days for the Dow, in terms of points lost, including the percentage change in value: April 14, 2000 - 617.78, to 10,305.77, 5.66 percent Oct. 27, 1997 - 554.26 to 7,161.15, 7.18 percent Aug. 31, 1998 - 512.61 to 7,539.07, 6.37 percent Oct. 19, 1987 - 508.00 to 1,738.74, 22.60 percent March 12, 2001 - 436.37 to 10,208.25, 4.10 percent Oct. 12, 2000 - 379.21 to 10,034.58, 3.64 percent March 7, 2000 - 374.47 to 9,796.03, 3.68 percent Jan. 4, 2000 - 359.58 to 10,997.93, 3.17 percent Aug. 27, 1998 - 357.36 to 8,165.99, 4.19 percent Aug. 4, 1998 - 299.43 to 8,487.31, 3.41 percent By The Associated Press Copyright 2001 Associated Press, All rights reserved -0- APO Priority=u APO Category=1310 SUBJECT CODE: 1310 * end of story *

To: SirRealist who wrote (36955)	3/12/2001 4:33:46 PM
From: hotlinktuna	Read Replies (1) \| Respond to of 49816

I have a similar fear Kevin...may well see a fantastic gap up in the morning....tuna

To: SirRealist who wrote (36955)	3/12/2001 4:36:40 PM
From: AD	Respond to of 49816

Agreed, a rate cut alone is hardly enough to turn this market around. It's about earnings, valuations, profit erosion and growth rates. It's about over capacity, bloated inventories, layoffs and lower productivity and morale. It's about a bubble getting burst and not only wiping out a lot of virtual wealth, but a lot of base capital. I agree with those who say we need a large company to declare things looking better, having turned a corner, demand turning up. Bring it on. Big up day tomorrow? Who knows AD