Quote:
Originally Posted by cj
What is with these wild swings that seem to happen a few times a week the last few months? I don't ever remember this kind of craziness becoming almost normal in years past.
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They really aren't that wild. Oct 1987 when the DJIA dumped 500 pts it was nearly a quarter of the DJIA total. Today, it's not even 2.5% or a tenth of that. I know what you're saying CJ. It took me awhile to see a 450 pt gain and not say, "Whoa, what a day". I've gotten use to looking at my brokerage page, and toggling from pt loss of 200, to percentage loss of 0.8%.
DJIA is about 4100 pts off it's all time high, a drop of roughly 16%. I don't think the index reached 4100 in it's entire history until the '90s sometime.
