Sombre mood at the trading floor.Dow close off 366.94 points.(2.64%).....hope to be a mini crash compared to 1987 which is down 22.0%.Finance officials from the world's top economic powers (G-7) pledged Friday to do all they can to limit damage to the global economy from a jarring credit crisis as Wall Street took another plunge.
-- On Oct. 19, 1987, the stock market crashed, and the Dow Jones Industrial Average plunged 508.32 points. Investors feared that the end of the world was at hand.http://www.lowrisk.com/crash/crashcharts.htm
It's a grizzly day at wall street on Friday.The bulls got mauled.Will this be a mini-crash or another big crash or maybe this is a pre-emptive anniversary celebration before it starts with a new platform for a rebound?
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