AI
Thursday, July 17, 2003 10:48:59 PM
I've always wondered about 90% down volume days, so I did a little fiddling around with Excel. What I found is pretty interesting:
[1] Twenty of Thirty-Five previous 90% down volume days since 1986 have occurred since the bubble burst.
[2] Prior to the big pop, the following day was generally negative. Since then it is generally positive.
Here's a picture:
[1] Twenty of Thirty-Five previous 90% down volume days since 1986 have occurred since the bubble burst.
[2] Prior to the big pop, the following day was generally negative. Since then it is generally positive.
Here's a picture:
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