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S&P 500
7,230.12
(
0.29%
)
US TECH 100
26,942.00
(
0.87%
)
Dow Jones
49,499.27
(
-0.31%
)
Brent Oil
107.80
(
0.00%
)
Bitcoin
78,154.48
(
-0.67%
)
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Re: MasterPicker1 post# 568491

Sunday, 10/21/2007 2:49:29 AM

Sunday, October 21, 2007 2:49:29 AM

Post# of 704049
Friday's pullback pales in comparison to what investors had to contend with 20 years ago. On Oct. 19, 1987 -- Black Monday -- the Dow plunged 23 percent amid concerns about interest rates and slowing economic growth. A decline of similar proportion given the market's current levels would mean a drop of some 3,100 points.


<<<14k would have to drop more than 4k points in one day to compare it to 1987 crash IMO.>>

http://biz.yahoo.com/ap/071019/wall_street.html?.v=43

IMO? math isn't an opinion;)

The white man seeks to conquer nature, to bend it to his will and to use it wastefully until it is all gone and then he simply moves on, leaving the waste behind him and looking for new places to take. Chiksika (Kispokotha Shawnee),March 19,1779

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