Re:Behind the Market Swoon: The Herdlike Behavior of Compute...
by JumpCrisscross on Wednesday December 26, 2018 @11:52AM
(#18763081)
> 20 years ago it would have taken minutes/hours for some of the drops we've seen to materialize.
Twenty years ago was 1998. Ten years before that, Black Monday was faster and more vicious than anything we've seen since. It remains "the largest one-day percentage decline in the DJIA" [1].
Twenty years ago was 1998. Ten years before that, Black Monday was faster and more vicious than anything we've seen since. It remains "the largest one-day percentage decline in the DJIA" [1].
[1] https://en.wikipedia.org/wiki/Black_Monday_(1987)