Tuesday, October 19, 2010

Reflections of the stock market crash of 1987

It has been called Black Monday, that day in 1987 when stock markets around the world tumbled in a very short time. I was walking with a friend from back east who had come here for his birthday, Oct. 19th and we were visiting Carmel and Monterey when we heard the news that the stock market was tanking. In memory of that day I have a chart of the drop that day. Do you remember where you were that day? That was some Birthday celebration for my friend. Happy Birthday today ma Lad.

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