Here is an interesting fact----

[Warrior4g]

the indices had their largest percentage new year debut loss since 1983. wednesday the dow was down 221.

 

[Alexandre]

how did 83 unfold?

 

[Warrior4g]

i'm actually trying to find that out myself.

 

[PAPA ROACH]

 

[loik]

Quote from PAPA ROACH:

prior to 1983?

 

[PAPA ROACH]

Quote from loik:

prior to 1983?

http://www.paradigmbook.com/dowcharts.html

 

[Warrior4g]

be interesting to see where 1982 was though. if it was a horrible year then perhaps a bounce was due for 1983. 2008 is a whole different animal.

 

[Arnie]

August '82 was the start of the bull market that lasted through 2000

 

[Arnie]

here's the chart

 

[Warrior4g]

thanks