Discussion in 'Stocks' started by alexandercho, Feb 27, 2010.
Is this a spoof or will this sucker rally again?
I am not sure why you used the term "drawdown".
Definitions of drawdown on the Web:
The Drawdown is the measure of the decline from a historical peak in some variable (typically the cumulative profit of a financial trading strategy).
The peak-to-trough decline during a specific record period of an investment or fund. It is usually quoted as the percentage between the peak-to-trough. ...
The "drawdown" of AIG is from 990 to 25. 97.5% not 10%.
oh ok fine if you want to get technical. I'll call it a gap down. How about that? Regardless you still haven't answered my question, is this fake or do you think this sucker will rally on Monday?