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Oct 19 Black monday 1978 market crash
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Manikamaniko.
Master |
23-Oct-2007 09:28
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It's a Green Monday! 
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ericsim
Senior |
22-Oct-2007 22:31
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black friday black monday, so we keep out this two days and cater the balance for trading etc....hmmmmmmm should suggest to MAS...hehe |
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jasonfaxingliu
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22-Oct-2007 17:51
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so what will be tonight what "Monday" would be |
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derekchong
Veteran |
21-Oct-2007 15:39
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Monday 19 Oct. 1987 Normal weak market, Dow slid 100 points in the morning in an orderly fashon. Then at 2.45 pm, in just five minutes plunging from down 85 to 130 points What followed was panic and chaos. At days end, the Dow had plunged 508 points. Tuesday 20 Oct. 1987 In the morning, Dow shot up 200 points and then spun into free fall When the day finally ended, the Dow manged to close up 102 points. Wednesday 22 Oct.1987 Dow up 186 points Thursday 23 Oct. 1987 Dow sank again, falling 77 points Friday 24 Oct.1987 Quiet and Dow close flat. |
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787180
Master |
20-Oct-2007 13:51
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Black monday is Oct 1997 not 1998..will not be so bad..expected the surpri Crash if any is opportunity.. Posted: Sat Oct 20, 2007 1:31 pm Post subject:
-------------------------------------------------------------------------------- happyday wrote: bearmarket wrote: the_president wrote: I have seen many instances when the stock drops and it recovers. A very good example is Yangzijiang. This stock went up to 2.73 and then it dropped all the way to 2.39 before going all the way up to 2.89. So you cannot blame people for wanting to hold on. I am sure if your own stock drops, you also want to hang on and maybe wait till the end of the contra period before selling as for all you know, the stock recovers. NOT ALL STOCKS IS LIKE YANGZIJIANG. SOME WILL JUST DROP LOWER N LOWER N NEVER RECOVER EVER AGAIN. GOOD EXAMPLE IS CREATIVE ..Have been eyeing Yangzijiang to collect >..bought a lot since ipo listing btw $1.26 to $1.30.will be collecting again...other good counters to look out..Cosco,DBS,epure,Sinoenviron,Sinostar..when subesquently mkt recovers mths or years later U're going to benefit..better than putting in fixed deposits..crash if any represent buying opprtunities... Back to top     ses |
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CWQuah
Master |
20-Oct-2007 11:00
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Hi Jason, Yes, the mood is now fearful & bearish in the short term. But don't underestimate the size of the trouble yet. This is only the 1st major dip. It will probably take at least a week to see some semblance of calm. See Aug 07 charts for reference. |
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jasonfaxingliu
Senior |
19-Oct-2007 21:31
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yes, seem to be a good "analysis" but one must not speculate the selling down is always cause by "fear"... so let's have confident and get over this "little trouble".. we'll have a better tomorrow and it will come very quickly |
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01101749
Member |
19-Oct-2007 19:52
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if US go down tonight, STI in for big correction.  panic seliing across asia, europ and US. reason, black monday 1987 market crash the last time the warning was give to clien to sell in US which casue market sell off. but singapore did get any info. must be doing same thing again. time to reset market gain! STI turn bearish on MACD, 3687 should be strong support comming. correction will help to reset overbought stock to buy able! |
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