Discuss Market Comments 03/16/11

Crash draws tentative buyers - Stocks opened sharply lower on Tuesday after Japan's Nikkei Index lost 10.6% the night before. The Dow was down nearly 300-points out of the gate, but it slowly recovered and closed down "just" 138-points...

Market Commentary for 3/16/11

Current Daily Market Commentary

 

[JTH]

Great way to tie in the flash crash, sort of a text book example of how these severe crashes tend to play out. Very similar to 1987.

 

[tsptalk]

Here we are talking crashes yet surprsingly, we are < 5% off the recent highs.

 

[James48843]

No crash- just a long overdue pullback for a breather. I see another 5% down before the bleeding stops, and then we'll be ok again. I don't see any comparison to '87- I was in back then, and this is very, very different then that. We're fine. Just a breather here, that's all.

we'll see.