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.

Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (3379)	10/10/2008 11:06:52 AM
From: $Mogul	Respond to of 26251

Pretty amazing! We are witnessing history.

To: Rarebird who wrote (3379)	10/10/2008 12:26:32 PM
From: $Mogul	Read Replies (1) \| Respond to of 26251

The Dow has never had six straight losses of 1% or more, something it managed to accomplish this time. It's now on track to close the week down more than 20%, something else it has never done before (at least going back to 1897). Even after the '87 crash, it recovered to close the week "only" down 13% or so. It did close down 23% in December 1914, but that was after the market had been closed for several months due to WWI.

To: Rarebird who wrote (3379)	10/10/2008 1:40:26 PM
From: $Mogul	Respond to of 26251

Interesting today that the raw commodity of Gold (not the gold stocks) is down today. I beleive that what this is trying to show us along with the strong US dollar is that there will be no currency crisis in the US, just abroad.

To: Rarebird who wrote (3379)	10/10/2008 1:53:07 PM
From: $Mogul	Respond to of 26251

VIX volatility index moves above 75 - reminder: in the days after 911, the VIX peaked at 49.35