To: Toddsterpatriot
The market opened ~300 points lower that day, so if he called the bottom in the morning, he only missed the actual bottom by ~200. The bottom was 500 down from Friday’s close, but not from Monday’s opening.
71 posted on
02/04/2008 5:34:46 AM PST by
coloradan
(Failing to protect the liberties of your enemies establishes precedents that will reach to yourself.)
To: coloradan
That's not how it works. When a market guy says buy when the Dow is at 2247, he doesn't get credit for a gap opening.
He called a buy at 2247 and the Dow closed that day at 1739. That is a BAD call!!
73 posted on
02/04/2008 5:46:38 AM PST by
Toddsterpatriot
(Why are protectionists so bad at math?)
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