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General Discussion

Watchfoxheadexplodes

(3,496 posts) Tue Dec 4, 2018, 02:39 PM Dec 2018

0

Black Monday with a 500 point dow drop

Do these 600 700 point drops similar?

3 replies

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Black Monday with a 500 point dow drop (Original Post) Watchfoxheadexplodes Dec 2018 OP

Nope. Black Monday was 22% drop. Today's drop is 3% at -782 Roland99 Dec 2018 #1

Nowhere near similar. It's percent drop that really matters. jpljr77 Dec 2018 #2

Ty both Watchfoxheadexplodes Dec 2018 #3

Roland99

(53,342 posts)

1. Nope. Black Monday was 22% drop. Today's drop is 3% at -782

Reply to Watchfoxheadexplodes (Original post)

Tue Dec 4, 2018, 02:42 PM

Dec 2018

jpljr77

(1,004 posts)

2. Nowhere near similar. It's percent drop that really matters.

Reply to Watchfoxheadexplodes (Original post)

Tue Dec 4, 2018, 02:42 PM

Dec 2018

Black Monday saw a drop of 508 points, or 22%.

Right now, the market is down 755 points, or 2.9%

Big difference.

Watchfoxheadexplodes

(3,496 posts)

3. Ty both

Reply to jpljr77 (Reply #2)

Tue Dec 4, 2018, 02:46 PM

Dec 2018

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