Atm Dow futures down 360 points, FTSE down 5.08%. If the Dow goes down 5.08%, this is equivalent to approximately 560 points. This could be the capitulation that many have been waiting for. That is, some believe that we won't see a bottom until after a capitualtion day. There are several definitions for a capitualation day, one being 90% of stocks down on the day, etc.
djia down 700 overnight, page-114
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |