SI
SI
discoversearch

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.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (55563)9/21/2001 3:07:37 PM
From: GVTucker  Read Replies (1) | Respond to of 77400
 
Best I can tell, this becomes the worst week of all time if the Dow gets to 8116.

Historically, when the percentage loss gets this bad, that presages a bottom. 1933 and 1987 come to mind immediately.

Note that all the way down, since early 2000, we haven't had any of those horrid weeks. On the contrary, every single one of the best days in Nasdaq history have occurred during the drop.

I sure wish I believed my technical mumbo jumbo right now.