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10/21/07 2:38 AM

#568500 RE: MasterPicker1 #568491

..<<<All the Index traders should be making huge money.>>>

LOL

Yeah, all winners and no losers,,that's a new twist!
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10/21/07 2:49 AM

#568501 RE: MasterPicker1 #568491

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;)