GREY:XEBEQ - Post by User
Comment by
plantson Mar 03, 2021 9:28am
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Post# 32703466
RE:A Sobering Thought and a Lesson
RE:A Sobering Thought and a Lesson > I was a stockbroker when it happened to the whole market. Black Monday. October 19th, 1987. The Dow dropped 30% at the open, and closed down 22.6%. The biggest one-day percentage drop in history.
It came without any warning whatsoever.
How did the firm respond to this?