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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: wanna_bmw who wrote (167320)	7/2/2002 12:28:54 PM
From: Jim McMannis	Respond to of 186894

BMW, RE:"In 1987, the 90-90 down days on the NYSE happened on Oct. 16 and on Black Monday, Oct. 19. Two days later, the day the New York Daily News ran the headline "Up the Dow Staircase," investors got a 90-90 up day. That crazy week was followed by two more 90-90 down days and an upper in late October '87, with aftershocks in December and January. Almost every market turning point, in Desmond's research, is marked by such frenzies. The 90 percent downside days indicate prices are being deeply discounted, "perhaps far beyond rational valuations, and that the desire to sell is being exhausted," says Desmond, president of Lowry's Reports." Thanks for posting that... I used to eat lunch with the guys from Lowry reports every week or so. I think I will give them a call... lowrysreports.com Jim