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While the declines we saw in October seemed extreme, one landmark we failed to reach during that period was a two-day decline of 10% or more. Well, we can check that one off the list. With two 5% declines in a row, the S&P 500 is now down 10.02% since election day.
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Fantastic! I love this market ;)
Posted by: Greg Feirman | November 06, 2008 at 04:31 PM
what happens the day after the 2-day 10% drops?
Posted by: Takloo | November 06, 2008 at 05:28 PM