Gotta love ZERO RISK in the SP500 = $$$

quite a bit of froth removed and weak hands taken out. wonder where aj2014 and the other chap who was making 150 quid a day or something, cant recall the name, and jamesblack are?
 
These articles are just getting more hilarious by the minute...of course they are rare, but will become extremely common as the markets trade at higher values. ....600 point drop at 26000 is more likely to happen than a 600 point drop at 11289
So this is the 9th time in history that the Dow has dropped 600 points in a single day!!!! Big deal....expect many more occurrences like this.

A drop of more than 600 points in the Dow is very, very rare
  • The last time the Dow Jones industrial average posted a drop of more than 600 points was June 24, 2016, the day after Brexit.
  • Prior to Friday, the Dow has only closed more than 600 points lower eight times in history, with all occurrences taking place in the last 18 years.
  • To be sure, as the Dow has soared over its nearly 122-year history, point drops increasingly represent a smaller percentage change.

600+ point drops!

Friday, April 14, 2000 10,305.78 -617.77 -5.66
Monday, September 17, 2001 8,920.7 -684.81 -7.13
Monday, September 29, 2008 10,365.45 -777.68 -6.98
Thursday, October 09, 2008 8,579.19 -678.91 -7.33
Wednesday, October 15, 2008 8,577.91 -733.08 -7.87
Monday, December 01, 2008 8,149.09 -679.95 -7.7
Monday, August 08, 2011 10,809.85 -634.76 -5.55
Friday, June 24, 2016 17,400.75 -610.32 -3.39
 
S2007S said:
These articles are just getting more hilarious by the minute...of course they are rare, but will become extremely common as the markets trade at higher values. ....600 point drop at 26000 is more likely to happen than a 600 point drop at 11289
So this is the 9th time in history that the Dow has dropped 600 points in a single day!!!! Big deal....expect many more occurrences like this.

A drop of more than 600 points in the Dow is very, very rare
  • The last time the Dow Jones industrial average posted a drop of more than 600 points was June 24, 2016, the day after Brexit.
  • Prior to Friday, the Dow has only closed more than 600 points lower eight times in history, with all occurrences taking place in the last 18 years.
  • To be sure, as the Dow has soared over its nearly 122-year history, point drops increasingly represent a smaller percentage change.
More...

Just think what might happen if they yank GE from the thing and add Amazon. Bang-zoom!
 
You guys are holding long expecting some kind of gap up or something? Why? There could just as likely be a gap down as well. I see no benefit to holding through the weekend here when you could just put your positions on in the Asian or London session on Sunday night.
 
i960 said:
You guys are holding long expecting some kind of gap up or something? Why? There could just as likely be a gap down as well. I see no benefit to holding through the weekend here when you could just put your positions on in the Asian or London session on Sunday night.
More...

Yes because there is likely a gap up.
 
You must log in or register to reply here.
Back
Top