I made some mistakes early on today. Call it lack of sleep. Call it ego. Call it “Martha”, for all I care–it sucked! But, I finished the day strong and made some money! That’s all that matters.
And check out the news clip from that fateful Monday in 1987 over on Howard’s Blog. That was neat to see, since I was 10 years old and completely uninterested when it actually happened. They sure took it calmly!
At some point in that coverage, they point out that the TRIN was at 6.44, as if it’s just another piece of data. To contrast that, I remember during the mini-correction we had in late Feb 2007, I had CNBC on. There was a reporter on the floor of one of the exchanges pointing out that the TRIN was close to 2 as if it were a major problem!
