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A 10% one day drop would equal about a 20% correction, which is reasonable.Then a 5% bounce, and sideways until the middle of June. My guesstimate.
the difference between 87 and now are so massive to even suggest there's a comparison yields the original poster to the idiot bin.Talk about selective data points, why not any of the other breaches of the 200dma? kinda stupid to just pick the most extreme example
I happen to agree with the points listed in this article, as to what caused the 1987 crash, and it seems like same stuff, different year could be on tap for an encore.http://hnn.us/articles/895.html