Winston Smith of Oceania

Tuesday Outlook: Commodities, Emerging Markets

Dave, awesome job and as always, great points! Is this time different? A quick look back in history finds two big sell off periods in October. The first in 1929, where there was a 2-day sell-off in the Dow for -23.62% beginning on October 25 and ending on the 28th. The following two days produced a rally of 18.88%. However, it didn’t last. From the low registered on October 28, the market slid another 13.64% by November 13, which wiped out the two-day knee jerk euphoria.

The second period is Black Monday 1987, where the S&P 500 was down 20.47%. The two days following added back 16.6%. Again, measured from the low registered on Black Monday, by December 4, the S&P 500 was down re-testing the Black Monday low. The rebound rally was erased leaving the return at -.41%.

Thursday Outlook: Commodities, Emerging Markets

If you are hoping to see complete capitulation, wait for your large cash positions drop below a dollar per share. If money markets go, we are in big trouble.
Someone tell Chris Cox to go investigate Mr. BUY, BUY, BUY!

Friday Outlook: Commodities, Emerging Markets

Hey Fry-guy,
Keep truth coming. Clearly this David White fellow has already drank the the kool-aid. It's too late to save him. And speaking of drinking the kool-aid... ol' "sieraromero" is a lunatic. Thanks for making the rest of us more idiotic be reading your post, sieraromero.