"In a market like this, every story
is a positive one. Any news is good news. It's pretty much taken for granted now that the
market is going to go up."
- Wall Street Journal, 8/26/87, the day after the
1987 market peak
"Stocks Plunge 508 Amid Panicky Selling;
Percentage Decline Greater Than in 1929"
- Wall Street Journal, 10/20/87,
the day after the '87 Crash - just 8 weeks after the top
How can the market change so dramatically in eight weeks? How can a seemingly
invincible market unravel into panic in such a short time? It has been 10 years since the
the 1987 Crash, and the story is just as dramatic as it was 10 years ago...