It's been tender from over use from the last few months, but today, I did serious damage and may need medical attention.
I've been watching markets for a long time, but I have never seen the likes of this.
"but I have never seen the likes of this."
?
Dow:
10/9/08 -678 -7.3%
10/13/08 +936 +11.4%
10/15/08 -733 -7.9%
10/28/08 +889 +11.1%
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3/9/20 -2013 -7.9%
3/12/20 -2353 -10.0%
3/13/20 +1985 +9.4%
3/16/20 -2997 -12.9%
3/24/20 +2113 +11.4%
We started out +700 or so, went negative, went positive, went negative again and finished +477. In one day.
I've seen day to day swings. I've seen hour to hour swings.. But I honestly don't recall seeing a day quite like this. Or a quarter like this.
You're right of course. We've had wild markets before. I just really don't recall the significant trend changes within the day as we've been seeing. Maybe I'm wrong, but seems Wall Street goes from irrational exhuberance to the depths of despair from one minute to the next.