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Originally posted by Karlhungis
reply to post by Jazzyguy
You honestly don't think we are already in a recession? If I am not mistaken, Inflation is higher than it has been in a long time, oil is trading in the $90's, the dollar is at record lows, and now the stock market is tanking.
Originally posted by geocom
Just a side note here 8:53 central time 248.55 to the down side
but we would have to drop 2700 points total before we equaled the losses
that were seen in 1987
Black Monday is the name given to Monday, October 19, 1987, when the Dow Jones Industrial Average (DJIA) dropped by 508 points to 1739 (22.6%)