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S&P 500
5,870.62
(
-1.32%
)
US TECH 100
19,928.40
(
0.33%
)
Dow Jones
43,444.99
(
-0.70%
)
Brent Oil
71.51
(
1.13%
)
Bitcoin
91,837.61
(
2.19%
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Post# of 36859
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CRichard

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CRichard

Re: rockland2u post# 18076

Tuesday, 08/05/2014 4:49:25 PM

Tuesday, August 05, 2014 4:49:25 PM

Post# of 36859
What I would be nervous about is that AAL has fallen faster than this market correction. Now picture this... About a week from now the bleeding stops. Let's say by Friday we hit $35 and seemed to have settled.

Then the market really takes a dive (it looks like the market is in for a minor 8-10% correction and then a rebound after that). Do you think we're gonna stay there? We could move back to $30 in that nightmare scenario, and it's not implausible.
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