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To: mcvey

I lived through this as an investor. That evening the "experts" were all calling for the DOW to drop from about 1750 (it was about 2300 before it tanked)to 1000 or less. Instead the futures turned sometime during the morning of the day after and the market began it's climb back. No one really knows the cause of this one day record decline. here is an interesting link for you to examine.

http://www.lope.ca/markets/1987crash/


54 posted on 08/22/2006 11:15:02 AM PDT by Eagles Talon IV
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To: Eagles Talon IV

Great link and thanks!


55 posted on 08/22/2006 11:15:47 AM PDT by mcvey (Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
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