Weekly discussion of financial markets, economics, politics, and the media.
A member of Wall Street's Digital Underground since 1995
Friday, October 19, 2007
Black Monday 20 years later
20th anniversary of the 1987 stock market crash…..
Since 87 the pattern emerged of tremendous volatility, the market would sell off through most of October then turn around right on or around October 20th rallying pushing equities into the positive by month end. However since the year long melt down of 2000 this and many other seasonal patterns in the markets have not been as defined nor consistent.