InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,713.64
(
1.70%
)
US TECH 100
19,317.60
(
2.44%
)
Dow Jones
42,025.19
(
1.26%
)
Brent Oil
74.32
(
2.68%
)
Bitcoin
62,949.11
(
2.07%
)
Post# of 116612
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

wadegarret

Send PM Follow Ignore
Followers 123
Posts 29393
Boards Moderated 2
Alias Born 10/04/2004

wadegarret

Member Level

Re: researcher59 post# 64068

Friday, 08/16/2019 1:17:28 PM

Friday, August 16, 2019 1:17:28 PM

Post# of 116612
R59- My data is not wrong

The market doesn't fall exactly when the recession happens, so correlating it maybe I was wrong. So maybe I should just call them the last 4 major drops. However those 4 drops happened and the numbers are spot on according to the MAX chart on Yahoo Finance. I gave the dates and the numbers. Fact is, the market fell an average of 43% during those 4 periods. The point being, there is no doubt the market can fall 40%+ at any time, and I believe we will see a drop of this size on the next market downturn - sometime over the next 12-18 months IMO.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up