ST Alpha - "This is rather interesting, in light of the sudden 1% drop (and recovery) in the Dow after the fake AP tweet earlier this week. -- (link)" (Reading a Post)

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This is rather interesting, in light of the sudden 1% drop (and recovery) in the Dow after the fake AP tweet earlier this week. -- (link)

Posted by Don Homer (aka DonHomer) Apr 25 '13, 11:56

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"The Stock Market's Response to Dramatic Historical Events"... (digital.library.unt.edu)

Responses:

"On the day President Kennedy was assassinated, theDow fell by about 3%, but prices recovered within a week. The effect on prices was largely confined - Don Homer Apr 25, 11:57 3
- the stock market was controlled by a handful of brokerage houses and a couple dozen independents, I'll bet they didn't even have a news ticker running - zeitgeist Apr 25, 12:13
- it's sort of hard to compare markets across time. in the 60's, the average us stock was held for something like 7 years. by 1987, the period was 2... - x Apr 25, 12:08
- and now they halt trading if someone sneezes -- nm - zork Apr 25, 12:03

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