I was telling a few smart folks on twitter that the normal rules of mean regression and fear indexes don’t really apply when the world order that has fuelled market gains for multiple decades is being reconfigured.I'm 100% a doomsayer on this all so I don't trust my instincts in the least about how the market is going down while it moves down, but it sure feels to me like capitulation to panic is soon.
Fwiw that's not -5, -6% since market close. more like half a percent
If anything, the selling so far has been pretty orderly with solid bids during the entire day
Fwiw that's not -5, -6% since market close. more like half a percent
and they're still going
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Goofy technical question for CH or Preston....do circuit breakers still trip if the 7% drop occurs during after hours trading?