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#1
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Member
Join Date: Jul 2007
Posts: 49
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Recent market weakness and 1983 bull market
On Wed the indices had their largest new year loss since 1983. the Dow lost more than 200 points. It would be interesting to take a look at how markets fared from 1983 on. If history repeats itself....
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#2
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Super Moderator
Join Date: Oct 2007
Posts: 621
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good post BC. i also want to add that i really like that chart. for history's sake, you can definately see the october 87 market crash. charts sure do put things in perspective.....makes you feel like you were there.
__________________
Nothing is more difficult than the art of maneuvering for advantageous positions. - Sun-Tzu Trade with the trend, Ride winners, Cut losers, Keep bets small, Use Stops - Old School Last edited by Leth : 01-05-2008 at 05:50 PM. | |
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#3
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Member
Join Date: Jan 2008
Posts: 37
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Measured as a percentage a 200 point swing isn't as alarming as it once was.
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#4
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Member
Join Date: Oct 2007
Posts: 45
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I guess absolute numbers rather than percentages are more psychological in nature...
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