Pffffttt why talk about 1987 ? Over 2 days yeah but the most likely drop of that magnitude should it occur again will be for exactly the same reasons the DJIA lost 25% over one month in 2008 --- Credit Markets freeze lending and some idiot overseas thinks trying to be god & mess with the dynamics of the market as they have always been is some kind of good move by banning short sales so it then does exactly what anything does when you try and change it's dynamic - breaks and falls to pieces.
and yet people still whinge and cry about short sales calling for their ban even after it drained more blood on world markets once it was removed than any other point of the collapse.
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Pffffttt why talk about 1987 ? Over 2 days yeah but the most...
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