Bill, is 87 the reason you don't like to trade on Fridays? actually, i have a million Qs, if there is a Q&A thread i promise to contribute. Scholar Shortie Out
I guess you would have a soft spot for pork bellies after that. Short pork bellies? I presume there was liquidation in commodities.. Q+A thread would be cool, "Recollections of 87 Crash", or something similar.
http://online.wsj.com/public/resources/documents/info-flash08.html?project=CRASH87 Click on the first upper left dot and then click next or previous to go through the sequence. Wasn't involved in the markets then. Along with a lot of other people a former girlfriend of mine lost several hundred thousand dollars and was wiped out. Fortunately for her, her mother is a multimillionaire, close friend of Henry Paulson's, so she was okay. My Dad was a multithousandaire so good thing I wasn't involved. WSJ article on Black Monday http://online.wsj.com/article/SB119254863871060654.html And the Pulizer Prize winning story: Terrible Tuesday http://online.wsj.com/article/SB119256599114260941.html
Started a new thread on Black Monday here http://www.elitetrader.com/vb/showthread.php?s=&threadid=205117
Not sure what's so special about these above two threads but the one below is very special and should be included. http://www.elitetrader.com/vb/showthread.php?threadid=33654&perpage=6&pagenumber=1
Wasn't acrary outed for being a fraud? Isn't he really a truck driver who liked to make up storieson the Internet and all the sheeple followed him before the truth came out?
Is this the Ameritrade truck driving day trader who bought an island with his winnings which he displayed a picture of hanging on his rear view mirror? Remember that commercial? It was funny. I looked for it online a while ago but couldn't find it. Then there was Stewart.