Replies to post #24299 on FAT CATS

[flota]

I finally found the guy who crashed the market in China

[serfdom]

"10/19/1987: Black Friday, the Dow fell 508 points for a 22.61% drop or $500B loss in one day."

Funny how they call it a "loss," as if the money just somehow vanished.

I used to watch the X-files. The phrase that comes to mind is, "Nothing disappears without a trace."

[littlejohn]

That doesn't give details of what happened for the next days, weeks, and months after the last market fall of this size...It was not a quick snap back time...Not saying that this won't be...But it may not be a time to be a hero just yet...LJ