From what I have seen, "black monday" (our Tuesday) in 1987 was essentially the bottom.
Following that there was a relief rally before a re-test of the bottom a couple of months later and then a real recovery.
Not exactly apples vs apples, but human phsycology doesn't change.
Is this our 2020 black Monday(USA)/Tuesday (Oz).
Stocks on sale that's for sure.
Have XJO bottomed today, page-33
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Last
8,212.2 |
Change
8.500(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,203.7 | 8,225.5 | 8,203.7 |
| XJO (ASX) Chart |