so a 50 point "rally" in a 400 point decline is

A

andrasnm

what in percentages? a 12.5 percent rebound?
reading the morons in the news and TV - it sounded the market has gained 800 points - Barneke spoke and he "calmed" the markets? What? So they were so calm that decided to wait this one out? Indeed the market did not go further down but it is only Wednesday and the week-end is coming......
 
"However, with the Shanghai Composite Index closing down 84pts (3.00%) at
2797.19, the markets remain wary about further stock market losses.
Markets are also seen remaining wary of historical patterns -- notably,
1987, 1997 and 2007. This behavioural pattern shows that stock markets
don't like the years with a 7 in it. The 1987 crash, known as Black
Monday, was the second largest one-day percentage decline, and the 1997
mini-crash was the third biggest points loss or 12th biggest percentage
loss in its 110-year history. Will 2007 be the fourth biggest points
loss?

History also shows that the 1987 crash was the climactic culmination of
a market decline that had begun five days before on October 14th. The
DJIA fell 3.81% on Thursday, October 14, followed by another 4.60% drop
on Friday October 15th, and then losing 22.6% on Black Monday. Also
uncanny is that analysts were then very quick to point out at the time
was that these crashes were a "correction" to the overheated markets,
which were then trading at record highs."

I'm not calling it but thought it was interesting
 
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