Launched: 2011-08-14 05:16
Finish Time: 2011-08-21
Markets will crash again?(Maximum 3 options)
What just happened is like the impact of an earthquake. "According to Omori's law, the rate of aftershocks decreases quickly with time. The rate of aftershocks is proportional to the inverse of time since the main shock. Thus whatever the odds of an aftershock are on the first day, the second day will have 1/2 the odds of the first day and the tenth day will have approximately 1/10 the odds of the first day." However, it is also possible that the first earthquake was a prelude to a second event that is larger in intensity. In any case, expect after shocks to the precipitous drop we just had and possibly another large shock in about four to five+ days.