NO WAY! TODAY IS NOT October 19, 1987. I was there, working for PaineWebber in the trenches, talking with Art Cashin on the floor of the New York Stock Exchange on our company squawk box!
That was a 22% drop!
If you look at todays 831 point drop thats only a little over 3%
A 22% drop in todays numbers would be around 5,720 points in the Dow Jones Industrial Average.
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