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  • tsibr549 tsibr549 Jun 2, 2012 8:22 PM Flag

    Poll what % drop next week? Black Monday?

    This aint 1987....again.

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    • could be similar to 1937, 1973, 1980, 1990, 2000, 2001, 2002, 2007, 2008, 2010, 2011 though. Overall 1987 wasn't such a bad year since there was a huge advance until August 1987. Fall 2008 was far worse than Oct 1987 to put it in context. The investors that got killed were the ones late to the party like the folks buying in January-March of 2012 that haven't cut their losses yet. They will get wiped out and never touch another stock. They will sell when down 30-40%. Think about the FB holders right now. What will they do when FB is $10-$15/share after buying at $40....perhaps just hold for 20 years and wait for a four bagger to occur?? The Euro issues and $1400 T derivative overhang have the potential to be far worse than Lehman's Sept 2008 failure. FB could trade into the single numbers and stay their for years. Wall Street coned everyone on this. The security attorneys will get rich from this failed IPO. Let the buyer beware. all stocks are bad unless they go up.

 
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