InvestorsHub Logo
Followers 33
Posts 4781
Boards Moderated 2
Alias Born 05/01/2012

Re: 13mw post# 44338

Thursday, 03/12/2020 5:43:49 PM

Thursday, March 12, 2020 5:43:49 PM

Post# of 63432
So where do we go from here? Now that the whole world is taking a holiday from life just wait till next earnings season and the economic fall out is factored in? Could be a long dry spell for securities certainly won't see those recent highs in the 29,000's.

By Thursday’s close, the S&P 500 dropped 9.5%, or 260.62 points, in its largest percentage decline since the Black Monday crash of October 19, 1987. The blue-chip index slid more than 20% in total from its recent closing high from mid-February, sending it into a bear market.

The Dow’s 9.99% decline Thursday was also the biggest since 1987, and constituted a drop of 2,352.6 points.


---The Happy Trader