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Old 01-24-2022, 06:14 PM
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bdub bdub is offline
Join Date: Jun 2011
Posts: 3,713

Originally Posted by Pixel Shooter View Post
Biggest drop in a long time. Be an interesting week. Would like to see more red and bigger correction 🙂
You may get your wish.
The SP500 has only experienced a day where it lost more than 4% and recovered to end the day positive only two other times since 1977. Both times in October 2008. I remember that year lol.

October 16/08 intraday down -4.63%, closed up 4.25%.
October 23/08 intraday down -4.28%, closed up 1.26%.
Info from Bianco Research.

Shopify swung 23% today.

BOC rate decision and FED meeting this week. Market is busting there chops. See what they do/say in reaction to this selloff coming up. It could go big in either direction depending.
There are some who can live without wild things, and some who cannot. Aldo Leopold
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