S & P 500 Index rose by almost 11% decrease to 10-month low of August 25, recovery of about $ 1.4 trillion to the price of the shares. Meanwhile, there were 13 cases in the last two weeks of declines of 10% or more in one day - one of the highest percentages of single stock collapses in four years.
"It seems the last few months there were five-day periods when they are eccentric," said Tom Lee, managing partner and co-founder of New York-based Fundstrat. "Anyone who has made concentrated bets is hurt right then. It was a war. You should have been a ninja to exit unscathed during these volatile."
E.Dimitrozh JrTrader
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