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Reply #1: You weren't around in 1987 when the stock market dropped 500 plus points [View All]

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1monster Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-15-05 11:14 PM
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1. You weren't around in 1987 when the stock market dropped 500 plus points
in one day, hmmm? Then it rallied slightly the next day and dropped even more the day after that... Thing were really hairy for a few months. That was before the Dow hit 3000. It was a 23% drop in one day.

The Dow dropping 191 points in one day when the value is more than three times that of 1987 isn't cause for panic ... yet.
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