Sunday, May 17, 2009

Bear Market Crash 1987



Chart from Clusterstock.com

On "BLACK MONDAY" stock market went down over 22.6% on October 19th 1987. The S&P 500hit a high of 336.77 on August 25th 1987 and fell 33.2% to a low of 223.92 in December 1987. This recovery began a 12 year bull market which reached a nominal high in October 2007 of 1578.

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