On October 19th, 1987 the DJIA closed down 22.6% for the day. The stock market had crashed! Are there parallels to 2007. Former Federal Reserve Chief Alan Greenspan believes that the current market turmoil is in many ways "identical" to that which occured in 1987 and 1998.
A similar drop in the DJIA today would mean a point drop of 3000 for the day.
What to learn more? Call Table Bay and ask for the white paper " Can History Repeat Itself" to learn more about what happened in 1987 and if 2007 could be a repeat.
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