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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (47033)9/24/2001 8:57:53 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 54805
 
No need to mention the past 12 days have been rather historical on all fronts.

unfortunately, the market still remains overvalued based on many historical measures.

especially during a week where the market experienced the second largest one week decline in the history of the stock market

actually, it was the fifth worst week ever (source: WSJ).

WEEK-END LOSS
RANK DATE CLOSE POINTS PCT.
1 Dec. 12, 1914 54.00 -17.42 -24.39%
2 July 22, 1933 88.42 -17.68 -16.66
3 May 18, 1940 122.43 -22.42 -15.48
4 Oct. 8, 1932 61.17 -10.92 -15.15
5 Sept. 21, 2001 8235.81 -1369.70 -14.26