If 911-like were to happen tomorrow, SPY would drop as much as...?

for your reference spy dropped ~12% over 5 days before heading up.

date %change
10-Sep-01 n/a
17-Sep-01 -5.2
18-Sep-01 -0.2
19-Sep-01 -2.0
20-Sep-01 -3.2
21-Sep-01 -1.4
24-Sep-01 3.5
25-Sep-01 1.0
26-Sep-01 -0.4
27-Sep-01 0.9

 

this market refuses to go up on good news. it may take a really nasty news to put in the real bottom.

 

It would probably rally

 

10-1-4-1-0-1. Yikes! :eek:

 

If you start beating a dying horse hard enough, you end up beating a dead horse...

 

market drops 8% every other day. there is no need for 911.

really scary shit today. i thought i was so smart selling Nov SPY puts