EPIC PLUNGE: -633.78, 6th Largest Drop In Dow Jones History

EPIC PLUNGE: -633.78, 6th Largest Drop In Dow Jones History (ZeroHedge, Aug 8, 2011):

And there you have it: following last Thursday’s massive 500 point drop which so many said was a buying opportunity, here comes a -633.78 plunge in the DJIA, which is the 6th largest absolute point drop in Dow Jones Industrial Average history, following 4 larger drops in 2008 following the Lehman bankruptcy, and one back in 2002. We just made history. If the DJIA can drop more than 800 points tomorrow, which it probably will if Bernanke does not announce QE3 in some form, 2011 will be #1!

1 thought on “EPIC PLUNGE: -633.78, 6th Largest Drop In Dow Jones History

  1. Down 500, up 300, down 400, up 300, up 160… What happened to the good old days when the market just moved a little in one direction or the other? These giant swings of the past 10 days are killing me.

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