Quote from S2007S:
I think the DOW is headed for a 1000+ single day drop sooner than later, with all this new just piling on day after day hour after hour something is going to give, if 1-2 more banks end up being bailed out by the fed, DOW 10k is coming.
Quote from ByLoSellHi:
For the investor crowd, it really would be better to have a massive volume, blazing one day crash, than have to endure this Chinese water torture that does nothing to improve forward clarity.
A 1987 style crash would shave off 2464 points from the Dow, 400 points from the Nasdaq and roughly 268 points from the S&P.
If that happened, tell me there wouldn't be massive buying the 'day after?'
Quote from ByLoSellHi:
For the investor crowd, it really would be better to have a massive volume, blazing one day crash, than have to endure this Chinese water torture that does nothing to improve forward clarity.
A 1987 style crash would shave off 2464 points from the Dow, 400 points from the Nasdaq and roughly 268 points from the S&P.
If that happened, tell me there wouldn't be massive buying the 'day after?'
Quote from RussellDaytrade:
If that happened, markets would still be liquidating afterwards, as there would be massive failures right and left, with all the leverage and leveraged participants, which would take time to sort-out, and effectively 'take-out' those that would be technically insolvent, even if it is only for a brief moment in time, as FCM's and prime brokers would be unwilling and or unable to carry their clients accounts while they're below margin requireemnts.
That's the problem...the system can't handle it
Quote from Grandeur:
I agree, times are completely different and one thing that is totally different is the leverage and derivates market. Tremendous growth in the derivatives market since the late 1990's will cause a freefall.