Just had this emailed to me I don't subcribe to it and wonder sometimes who comes up with this stuff
October 19 Crash
Monday, October 19, 1987 is known as Black Monday because on that day the Dow fell 22%, its second-largest one-day drop in history. It's coming again, some say tomorrow on .BLACK FRIDAY!
There are some interesting similarities. The dollar was dropping back in 1987 and is doing so now. Both years are the second-to-last of a Republican administration. Both years are the fifth in a bull market. Both has the unlucky year of 7.
In 1987, the stock market began the year strong, sold off over the august, and began a nice recovery into October. That's the same pattern we've seen so far this year.
Like I say these aren't my thoughts just somthing that got sent to me