Randy (20 Oct 2012)
"I remember 25 years ago TODAY:  BLACK MONDAY....    article linked"


See my comments below....
 
Article link: 
http://finance.yahoo.com/blogs/breakout/black-monday-1987-market-crash-revisited-113951060.html;_ylt=Aouicy.dV4NczHb9NTizCRCiuYdG;_ylu=X3oDMTN1a2QwOGVzBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnAzRlZjQ3ZWVjLTkyNzgtM2M5My1hNTk4LTljZTNmZjUxMzE4MwRwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzAzNmVlMmEwLTE5ZTUtMTFlMi04ZmY2LWI3NzJlZGQ5MmM1MA--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3
 
 
 Quote:
The crash in 1987 wasn't something the market did to investors; traders and the government did it to themselves
 
And..Currently.........."Everything is priced off of ZERO Interest Rates......what happens when Rates Start to GO UP??"
 
"It could probably happen AGAIN tomorrow"
 
And....
 These "automatic pilot systems that can run away on us," (High Frequency Trading Systems)  if mixed with fundamental catalysts created by unwitting politicians and trigger-happy traders, can and inevitably will result in another 1987.
The real surprise is that it hasn't happened already.
 
MY COMMENTS:
ONE:
Remember the Quote:  THOSE WHO DON'T KNOW HISTORY ARE.....DOOMED TO REPEAT IT.
AND
IF IT HAPPENED ONCE.....IT WILL HAPPEN AGAIN..
AND
THE MARKET GOES IN CYCLES-----------------ALWAYS!!! 
 
I was NEWish in the Investment Business in 1987.  IT WAS A HORRIBLE  day/ week / month...and I NEVER FORGOT IT!!
And has it happened since then?   YES...the BIG Market corrections were:
2000 - 2001 - 2002    BIG...and LONG TIME FRAME.......   QUICK recovery, once it turned.
and
2008 of course.     BIG BIG BIG....and SHORT TIME FRAME....and QUICK recovery once it turned....
 
I LOVE 2 quotes from above.
ONE:
The crash in 1987 wasn't something the market did to investors; traders and the government did it to themselves.
 
TWO:
It could probably happen again tomorrow....... DUH!!!  
 
MARK MY WORDS.....IT WILL........  !!  ONE DAY, THE MARKETS WILL HAVE A FASTER AND BIGGER DROP THAN EVER BEFORE IN HISTORY.   IT ALWAYS DOES.... IT ALWAYS WILL.  THE QUESTION (like the date of the Rapture) is.....WHEN??    what IF, the Rapture and the Market Blow OUT are inseperably linked????  (ah....randy, you mean the dominoes are all linde up?!!  YES!) 
 
 
Hmmmmm.........  what happened in 2000-2001-2002.
What happened in 2008?????        (Especially in 2008)   Wasn't it the TRADERS and the GOVERNMENT that did that, too....again:?  IT ALWAYS IS...and ALWAYS WILL BE!!! 
 
WHO PAID THE TAB???     THE TAXPAYERS........  the TRADERS AND THE BANKS....and the government SCREWED OVER the taxpayer.   Remember just 4 years ago......??   Bank stocks were in a FREE FALL..as was the overall market. 
 
AND NOBODY THINKS THIS WILL HAPPEN AGAIN???????/
 
UGH!!!!!!!!!!!!!!!!!!!!!
 
So.....the stock markets are now back to NEAR ALL TIME HIGHS!!!
 
And......NOTHING HAS BEEN FIXED.....unless of course, you think that the World's Central Banks  buying up all the countries' debt/bonds is a good thing !! 
 
THE CENTRAL BANKS HAVE NOOOOOOOOOOOOO MONEY? 
THEY JUST WRITE THE CHECK......OR, PRINT THE MONEY, IN OTHER WORDS...
 
HEY....SOONER OR LATER THAT BILL COMES DUE!!
 
NO MATTER HOW IT LOOKS IN THE NEWS ON AN "UP" DAY.....
 
GEEEEEEEEEEEEEEEEEEEEEZZZZZZZZZZZZZZZZZZZZZZZZZZZ!!
 
TICK TOCK...............................BOOOOOOOOOOMMMM! 
 
What's that sound??
 
IT'S THE SOUND OF THE WORLD MARKETS BLOWING UP....ALL....AT....THE...  SAME TIME!!  
 
And.......everything's ALL LINED UP, just waiting for what????
THE RAPTURE....
 
TICK TOCK....
YFIC,
Randy
 
LORD.......  BRING IT ON........  I.........CAN'T..........WAIT.......   !!!!!!!!!!!!!!!!!!
 
ps.....can anybody else FEEL my FRUSTRATION ???  lol....
Part of my frustration is, of course.....the remaining HANGOVER from NO RAPTURE during the Fall Feasts..  WAH!!