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« You Know It's Bad... | Main | Technical Analysis Strikes Out » October 19, 2009 22 Years Since the 1987 CrashIt was 22 years ago today -- October 19, 1987 --that the market busted. The Dow plunged 508 points, also on a Monday. As it turned out, the crash was an excellent buying opportunity as the market can surging for another 12-1/2 years.
If you bought the day after the crash, you would have improved your annualized return by 1.25%. Posted by edelfenbein at October 19, 2009 11:02 AM |
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