Mr. Lee... >From your continuous posts, you seem to tell us that "nuke bomb" is coming (like Elaine said) SOON. Is that right? You need to tell us more than that rather than posting references and 1 liner. Please... Thank you.
Rgds, --- In obrolan-bandar@yahoogroups.com, Lee Cwan Yeuw <[EMAIL PROTECTED]> wrote: > > A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles. > > Stock market crashes are social phenomena where external economic events combine with crowd behaviour and psychology in a positive feedback > loop where selling by some market participants drives more market > participants to sell. Generally speaking, crashes usually occur under > the following conditions: a prolonged period of rising stock prices and > excessive economic optimism, a market where P/E ratios exceed long- term averages, and extensive use of margin debt and leverage by market participants. > > There is no numerically-specific definition of a crash but the term > commonly applies to steep double-digit percentage losses in a stock market index over a period of several days. Crashes are often distinguished from bear markets > by panic selling and abrupt, dramatic price declines. Bear markets are > periods of declining stock market prices that are measured in months or > years. While crashes are often associated with bear markets, they do > not necessarily go hand in hand. The crash of 1987 for example did not > lead to a bear market. Likewise, the Japanese Nikkei bear market of the 1990s occurred over several years without any notable crashes. > > 28 October 1997 > U.S. stock markets were widely expected to open lower for October 28 > due to the Asian markets falling even more than they did on the 27th. > Hong Kong's Hang Seng Index declined a staggering 14%. The Nikkei fell > 4.26%. The U.S. stock markets initially continued their drop from the > 27th, but abruptly ended, and began to climb. The Dow was down as much > as 186 points by 10:06 A.M., and soon thereafter a rally started. By > 10:20 A.M. The Dow was down only 25 points. Five minutes later, the Dow > roared back into positive territory and was up 50 points. Nine minutes > later at 10:34 A.M., the Dow rallied to a triple-digit advance up > 137.27 points. Stock prices continued to soar in choppy trading > throughout the rest of the day. At the close of trading at 4:00 P.M., > the Dow finished with a record 337.17 point gain (recovering 61% of the > previous day's loss) to close at 7,498.32. The market restored $384 > billion of the $663 billion in market capitalization lost the previous > day. One billion shares were traded on the New York Stock Exchange for the first time ever, with a volume of 1.21 billion shares. In 2006 > terms, this amount is considered very light. The NASDAQ Composite also > made a record gain on record volume, gaining 67.93 to 1,603.02. The > NASDAQ also saw its first-ever one-billion share day with 1.23 billion > shares changing hands. > > > Save your money...before you will be TRAPPED > > > > > > __________________________________________________________________ > Yahoo! Singapore Answers > Real people. Real questions. Real answers. Share what you know at http://answers.yahoo.com.sg >
