There were days in March 2020 where we would have multiple limit down market shuts off at 5%, then it reopened and dropped to 7% and another shut off.BaylorSpineGuy said:
I'll scale it back, no problem. Have oral Boards on Saturday so will be studying and in review course all week anyway. But if a 3.5% drop on the S&P in one day isn't bloody or black, not sure what is. Sure would hate to see real capitulation.
Good luck this week fellas. I'll be back in a week or so.
The funny thing is - those weren't even close to black.
Hell Black Monday back in the 80s had over 20% drop. The mini crash in the 80s was at 7% in one day.
I remember in September 2008 seeing market crashes where the dow was down 800 points in a day and the index was around 12,000 or so.
It's all relative man and never forget there is the PPT waiting in the wings for JPOW to give the word.