We sure have .. great times in fact... but I think we are referring to a complete panic/ free fall type market.. We had limit downs during those great late `90`s .. but nowhere near 22% Collapse... thanks to Ronnie!
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.
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.
I'm not motivated to check out your claims (not sure I can with my data anyway).... so let's go forth with this notion. OP was considering an 8% crash to 2200 in the SP in one day. What if I'd said, "there were no crashes that big except the -22% one in '87? Do you have an argument with that? And if not, you should accept that you're just bloviating about "-5%" as being critical to the discussion. Can you accept that?
Maybe.. Maybe not! I`m sure we were close....The only significant down days were LTCM from what I recall. So, what do you have?
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?
Guys, lets not argue. We can just give insight here. That said, eventually i will start looking to buy in small stages because i have no idea how far we go down. We can actually break below 2000 on the s&p 500 in the next month. Thats why buying during pull backs is the only way to buy in my opinion. I prefer buying index funds but thats just me since i blew up my trading account years ago.
I really don`t care... Anything significantly less than 22% , like 5%... is more or less irrelevant , unless heavily short!