daytrades august 5 pre-market, page-31

  1. 6,604 Posts.
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    agree with endless, and others.

    I remember a monday in oct 87 when we lost 80 or so points after a fri on wall st that was about the same degree of messy. The next night for us in the US , mon, night, wall st shed 32% in one night, so we woke up to a similar loss.
    That would be around 1300 points in todays points.....

    So, 4 % or 160 points is a lot, but folks, its not that bad.

    The market is different than in 87 of course, as the whole fall was almost in one day, and we have already had 2 years of it. Just expect the unexpected is all I am saying.

    My money is on wall street being a bit more sensible tonight, but I am sitting out the pennies today, might buy a bank though....MQG looks cooked.
 
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