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Thread: when do you call it a crash?

  1. #1
    AO Curmudgeon rcgreen's Avatar
    Join Date
    Nov 2001

    when do you call it a crash?

    NEW YORK, July 19 -- Stocks plunged today, dragging the Dow Jones industrial average to its lowest level in nearly four years

    Is it 1929 again? Are we all going to be huddled around a fire
    down at the railroad yard, hoping to jump on a freight train?
    Stay tuned.

    I came in to the world with nothing. I still have most of it.

  2. #2
    Senior Member
    Join Date
    Aug 2001
    I wouldn't be surprizes if someone will try and corner the market.

  3. #3
    Senior Member
    Join Date
    Dec 2001
    You call it a crash when it reaches a certain point. I can't remember where it is it has to reach, but we learned it in govt. econ. There's regular, decline, depression, crash. In that order, I believe.

  4. #4
    Now, RFC Compliant! Noia's Avatar
    Join Date
    Jan 2002
    When the Stock screen's turn Blue
    With all the subtlety of an artillery barrage / Follow blindly, for the true path is sketchy at best. .:Bring OS X to x86!:.
    Og ingen kan minnast dei linne drag i dronningas andlet den fagre dag Då landet her kvilte i heilag fred og alle hadde kjærleik å elske med.

  5. #5
    Webius Designerous Indiginous
    Join Date
    Mar 2002
    South Florida
    I would call it a crash when the bank rushes begin and the banks close down. Thats the signal IMO of a true crash.

  6. #6
    Old Fart
    Join Date
    Jun 2002
    It depends on your point of view....it could be a crash, but it could also be a unique investing opportunity. I'm hoping to see stabilization in the short term, then a return to a moderate to healthy growth rate for the long term. Here's hoping nobody has anymore accounting bombs to drop on our heads.
    It isn't paranoia when you KNOW they're out to get you...

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