https://preview.redd.it/izgs0rsnoru91.jpg?auto=webp&s=64275cb63d444f3497691cc8170e90c4ecf7b08a
Today we remember the fallen Chads of October 19, 1987.
https://www.federalreservehistory.org/essays/stock-market-crash-of-1987
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I had been investing a few years when black Monday hit. I remember asking my mom what to do and she told me to leave my money in the market, what’s done is done. Nine months later I was in the green again.
Nortel in the tech bubble hurt lots more.
the funny thing is if this happened today some % of this sub would become overnight millionaire
Does 1987 equal 1929 … WSB mathematicians say yes.
2022 NYT: this isn’t even a recession
22.6%? Those are some rookie numbers.
Can u imagine how much you would have if you had bought in that day?
A lot of people asked me to tell the crash story so I made a new post for it.
Dear god, may this day in history please be repeated tomorrow to save my best friend, Mr apple puts, from expiring worthless Friday….
My dad had that same mustache. Legit
So much coke was snorted that day……so much
I was an intern at Dean Witter at the time. I strolled in around 10:30 after class, and I’ll never forget it.
I don’t have time to tell the whole story and you don’t have time to read it, but I’ll never forget it and I can promise you it was the business equivalent of storming the beach at Normandy. The carnage was incredible.
I was in the military at the time, didn’t even notice. Wasn’t even aware of until now.
With TSLA earnings call tonight and it’s outsize influence in many portfolios, if there’s bad news we very well could see carnage tomorrow. I have no-balls though, so I won’t be placing a bet today.
Anyone want to weigh in when this may happen again ? Tough when the Fed is throwing everything but the kitchen sink at the markets pre mid-terms.
I wonder what the guy in the photo is doing right now.
Just do what Peter Lynch did and go on a European vacation the week this is gonna happen. Golf, drink, and wait for it to all blow over.
Literally Jorge Orwin 1987
Lest, my second least favorite word next to savory.
I am curious whose puts printed that day.
I was born on this day. My portfolio certainly shows it.
What was the largest drop doing the lead up to covid?
1/2 of the losses in 87 were recovered in 2 weeks, over 90% within the month.
Yeah but this time the NYT will shoehorn something about systemic racism in there as well 
‘Does 2022 equal 1929?’
Bring it. DCA gang!
This is why I keep buying puts.
don’t worry Plunge Proteccshun Teem will save us
I hear legend that they are still diamond handing to this day…