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Tuesday, October 23, 2007

Black Monday - 1987

On Oct 19, 2007, the Dow Jones dropped more than 350 point in single day. This phenomena was about similar to Black Monday of 1987. This may be a right time to enter the market as shown in table below?



This chart is captured to indicate Black Monday - 1987:
Notice the sharp fall drop, which happened on Oct 19, 1987. Dow Jones felt 508 points to 1739 (22.6%). Thenafter, it took about 2 years to recovered back to 2,500 points. For more info, please click here.

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