Today October 19th....20yr anniversary of Black Monday Crash

[DcifrThs]

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I attended a symposium about it a week ago or so (I knew most of the facts and figures, but I was 3 yrs old at the time so I wanted to hear some first hadn accoutns). The panelists included the head of the CME Clearing house at the time, a trader in the SPX pit at the time, and a technical analyst. Pretty interesting overall. When asked to describe the market conditions leading up to the crash they basically described word for word what has been going on the last few months ;p

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and many other times .... except for the programmed "portfolio insurance" trading and the spot/futures arbitrage going on at the time.

Barron