Discussion in 'Trading' started by a529612, Feb 27, 2007.
I haven't seen this volatility for quite some time.
Get used to it
Similar reaction when the Reserve increased in the Fed funds rate during the May meeting.
FYI - This is nowhere near a sell-off.
Less than a year ago. 200 points is nothing, hardly a "sell off".
If 98% DOWN volume is not a sell off, I don't know what is.
just for the record, when was the last time the S&P dropped 50 points??
Or the Nasdaq 90?
I think it's all the way back to 2003.
I'm definitely in some pain here.
When the markets reopened after 9/11
in 2000...saw the dow lose 500 points bounce up a tad to down 250 and then proceeded to bleed day in and day out til hitting 7000...........
just enjoy the short profit yummie
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