Disappointed that today wasn't a "classic" capitulation day?

Discussion in 'Trading' started by jbtrader23, Jul 15, 2002.

  1. For the most part the selling has been fair and orderly. Just a little bit of fear shows up and the PPT steps into the fray.

    Biggest disappointment: finding out on this thread that BrandonF didn't press the edge and buy heavy on the extreme negative $tick -1287.
     
    #21     Jul 16, 2002
  2. There must be something in this Plunge Protection Team story they have even started talking about it on CNBC and those guys really know what they are talking about NOT :cool:
     
    #22     Jul 16, 2002
  3. Now I admit my somewhat addled brain ain't what it used to be, but if I am not mistaken, the Tuesday after the '87 crash was the biggest percentage up day ever. Is this correct? That is how I remember it anyway. Anyone have accurate numbers on this?

    My records show that the DOW closed down 508 points on 10/19/87 and closed the following day up 102 points.
     
    #23     Jul 16, 2002