1987 crash, page-2

  1. kennethgalbraith
    14,116 Posts.
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    08/10/08
    17:32
    Post #: 4360484
    just tanked I think ... 20% in a day

    I can remember the ASX had just switched to an automated system and on the day of the crash the computers shat themselves as they couldn't handle the turnover

    So part of the reason for the steep decline was the introduction of computers into trading

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    lightbulb Created with Sketch.  Great analysis
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