Black Monday October 19, 1987...22.6% drop in one day... | |
Anonymous Coward User ID: 74526333 United States 02/28/2020 08:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69473970 United States 03/01/2020 01:05 PM Report Abusive Post Report Copyright Violation | Largest single one day percentage drop in the 124 year history of the DJIA Quoting: 1/4 Value Drop 75944363 Link us up. You're full of shit, the biggest ever point drop came last Thursday and it was 1190 points. Unless the entire DJIA market was running around 5000pts in 2008, it's easy to prove you're lying. WHY? |
Anonymous Coward (OP) User ID: 75944363 United States 03/01/2020 01:11 PM Report Abusive Post Report Copyright Violation | Largest single one day percentage drop in the 124 year history of the DJIA Quoting: 1/4 Value Drop 75944363 Link us up. You're full of shit, the biggest ever point drop came last Thursday and it was 1190 points. Unless the entire DJIA market was running around 5000pts in 2008, it's easy to prove you're lying. WHY? PERCENTAGE...not point Dam near a quarter value of the Dow was wiped out It was pretty quiet the next day in commerce... |
Anonymous Coward User ID: 78548833 United States 03/01/2020 01:14 PM Report Abusive Post Report Copyright Violation | Remember it too. Huge balloon in stocks has run up for years. Tremendous downturns on the Thursday and Friday previous. So everyone went into the weekend wondering what would happen on Monday... Kinda like now... The this "Wall Street Guru" of the day Elliot Prechtor went on '60 Minutes' on Sunday and tried to calm the markets with his "Elliot Wave" nonsense. Prechtor looked like an utter loon, and the markets plunged over 20% the next day. It was similar to now, in the tensions and speculation about what might happen are a lot like this weekend. |
Anonymous Coward (OP) User ID: 75944363 United States 03/01/2020 01:20 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69473970 United States 03/01/2020 02:23 PM Report Abusive Post Report Copyright Violation | Largest single one day percentage drop in the 124 year history of the DJIA Quoting: 1/4 Value Drop 75944363 Link us up. You're full of shit, the biggest ever point drop came last Thursday and it was 1190 points. Unless the entire DJIA market was running around 5000pts in 2008, it's easy to prove you're lying. WHY? PERCENTAGE...not point Dam near a quarter value of the Dow was wiped out It was pretty quiet the next day in commerce... wrong Trump inherited an economy that was already in a strong rapid expansion lasting 7 years, from a low of 6600 in 2008 to a high just under 20,000 when Trump was elected. It was already plunging when Obama was elected in 2008 due to a rupture of the housing market debt bubble. So any way you look at it, Obama doubled the market index in his 8 years in office with a total inflation cost of around 10% due to massive quantitative easing and bank bailouts. Like him or hate him Obama has double Trumps intelligence and ten times his common sense. |
Anonymous Coward User ID: 69473970 United States 03/01/2020 02:24 PM Report Abusive Post Report Copyright Violation | Very similar to now Quoting: Anonymous Coward 75944363 Talking heads trying to calm the market Tomorrow we could see the largest point drop but not percentage That Tuesday after Black Monday was eerily quiet... CV-19...The Great Infection It will correct itself alright. A lot of suckers are going to get bled. When you see fluctuations of more than a few percent over a week the fix is in. |
Anonymous Coward User ID: 76203570 United States 03/09/2020 02:34 PM Report Abusive Post Report Copyright Violation | |