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More like a 350 pt stop with numerous chances to get out for -100 pts in losses.

Complete idiot.

B1S2 went on numerous rants about no such thing as PPT. Now, frigging Reuters is even talking about it. Dude can't get anything right.

It means you were proven wrong. Just step up and say I was wrong, instead of arguing the arbitrary merit of -5%.

I posted them already. Check out fall of 08. Multiple greater than -5%, April 14, 2000 and Oct 28, 1997. What's up with you guys, seriously?

Just take your stop out and end the discussion.

No, we aren't. He said no -5% down days since 87. I've stated there have been multiple -5% down days since the crash of 87.

Yes, nothing like the crash of 87, BUT that's different than no 5% down days since. Instead, the govt interventions just stretch out the "crash" to days/weeks instead of one session.

Here are a few from fall of 2008 Sept 29, Oct 7, Oct 9 plus many that were near the -5% threshold.

He did. But we've still had episodes of extreme volatility since then.

And April 14, 2000 and Oct 28, 1997. Your memory is off.

We had multiple -5% close to close down days during that time period.

Go check your charts from late Sept thru mid Oct 2008.

And the fall of 1997, fall of 1998, spring of 2000?

The micro is filled with these patterns...day after day. It's a bear market signature

Give it up already. You stuck your line in the sand, took huge losses the entire way lower and now are right back to the same old nonsense.

Good summary of bear market psychology. It's for this exact reason why I generally scoff at the notion that people will go "all in" when it pulls back to some magical number. The problem with that sort of thinking is that the "fundamentals" and economic landscape deteriorate so much in the...

I know your personality type, so I won't continue with this back and forth. Here is your margin debt chart: