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To: MythMan who wrote (183190)7/24/2002 6:17:04 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<market didn't hit new lows after that bounce, did it?>>

Not yet....<G?>



To: MythMan who wrote (183190)7/24/2002 6:26:13 PM
From: Simba  Read Replies (1) | Respond to of 436258
 
Myth,

Market crashed 20% on 19-Oct, went up 5.33% 20-oct (which incidentally was the second best day in the last 52 years but today's action has relegated it to the third best day), then 9.10 percent on 21-oct. It tested the lows in the next three days with returns of -3.9% on 22-oct and -8.3% on 26 oct. In the following December first week it revisited the lows one more time and never looked back.

Simba


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