Posted by tomoboyle on 10th of Mar 2010 at 02:51 pm
Don't forget those who bought the day after the 87 crash made a
killing as the market recovered all its losses in less then 6
months! I wish it would happen as I would pull up the truck and buy
the heck out of it.
Black Monday was only half the drop. There was a big
accelerating down week which led to Black Monday. I find it
hard to believe that contrarianism is the only way the market
operates. We have 16-18% unemployment, bankrupt cities,
massive municipal layoffs, awful sentiment.... and for a
reason. The world is changing -- it has changed. The
fact that people now realize it means we go straight up
forever?
Don't forget those who bought
Potential for Black Monday Repeat is High
Posted by tomoboyle on 10th of Mar 2010 at 02:51 pm
Don't forget those who bought the day after the 87 crash made a killing as the market recovered all its losses in less then 6 months! I wish it would happen as I would pull up the truck and buy the heck out of it.
Black Monday was only half
Posted by kalinm on 10th of Mar 2010 at 03:41 pm
Black Monday was only half the drop. There was a big accelerating down week which led to Black Monday. I find it hard to believe that contrarianism is the only way the market operates. We have 16-18% unemployment, bankrupt cities, massive municipal layoffs, awful sentiment.... and for a reason. The world is changing -- it has changed. The fact that people now realize it means we go straight up forever?
Poor Mondays
Posted by RM686 on 10th of Mar 2010 at 04:35 pm
You are racially profiling Mondays/ bad, bad, bad ,politically incorrect/