Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
09-23-2011, 12:49 AM #1
- Join Date
- May 2007
- Location
- South West Florida (Behind friendly lines but still in Occupied Territory)
- Posts
- 117,696
Third Biggest Weekly DJIA Drop In History
Third Biggest Weekly DJIA Drop In History
Submitted by Tyler Durden
09/22/2011 15:13 -0400
Comments: 164 / Reads: 11,340
A dearth of knife-catchers and bottom-callers suggests that our views on a broad swathe of investors being caught unhedged and offside by Bernanke's relative inaction was correct. http://www.zerohedge.com/news/sp-option ... e-downside By the look of today's huge selloff, investors will become increasingly aware of our recent post on the difference (risks) between owning stocks and bonds. http://www.zerohedge.com/news/why-every ... oves-bonds The equity market remains a market in chaos as the following charts show. We can only assume they must be extremely good at discounting whatever it is that talking-heads believe on a tick-by-tick basis - just look at the flip-flopping in the last two months (and in 2008/09).
Daily Changes in the DJIA:
And weekly changes in the Dow - this last week is almost a 4 standard deviation move and third largest ever (with 9/11/01 and 10/03/08 the only two larger in absolute size!).
Chart: Bloomberg
http://www.zerohedge.com/news/presentin ... ent-marketJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
Oklahoma House passes bill making illegal immigration a state...
04-19-2024, 05:14 AM in illegal immigration News Stories & Reports