Investing Adventures » Black Monday http://investingadventures.com Having Fun with Options Sat, 27 Mar 2010 11:14:42 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 20th Anniversary of Black Monday http://investingadventures.com/2007/10/20th-anniversary-of-black-monday.html http://investingadventures.com/2007/10/20th-anniversary-of-black-monday.html#comments Fri, 19 Oct 2007 14:32:58 +0000 Jorge http://investingadventures.com/2007/10/20th-anniversary-of-black-monday.html On the 20th anniversary on Black Monday, the Dow’s down about 155 points. The Dow has been negative for 5 straight days now. Personally, I was overconfident and am paying dearly for it now. The market will humble you and quickly. Updates will be coming throughout the day.

Update: Curbs are finally in but I think it’s a little too late. The damage has been done. Dow down 280 points while the Nasdaq is down 54 and the S&P down 30. Hopefully the selloff doesn’t continue the last 30 minutes or so as it sometimes has.

15:24: Dow down 315 points. Someone remind the traders to place the floor back under the Dow before it continues to fall.

Closing Bell: Down closes down 369 points. Nasdaq closed down 74 points with the S&P down almost 40 points. Curbs saved us from it getting extremely ugly. Hope you all bought some cheap scotch for the weekend.

Dow closed 4.1% down for the week with the S&P down 3.9% and the Nasdaq down 2.9% for the week.

]]> http://investingadventures.com/2007/10/20th-anniversary-of-black-monday.html/feed 0