(13-06-2013, 01:38 PM)paullow Wrote: yes, agree with bibi.
for blue chips to half its value already means catastrophic damage.
i dun see the possibility of the average blue chip dropping 90%. cos that would mean sti drop till 300points left? how is that possible?
Yanlord Land comes close too.
Yes, it won't be likely that the avg sti blue chip to drop 90%, quite simply also because of survivorship bias - they would have rotated the stock out of the index on its long way down.
At this point we're not anywhere near a bear.