1987 crash was another “fat finger” event

1987 crash was another “fat finger” event

Last week’s Wall Street roller coaster ride occurred under Mercury retrograde, but I didn’t realize that the crash in October 1987 also occurred under a cloud of technological suspicion.  Like the May 6 event, there were no major news events that could have stimulated the crash, and it seemed to come from nowhere.  Like the May 6 event, it is suspected that technological glitches impaired the normal flow of market trading, making it seem as though a major sell-off was occurring.

Like the May 6 event, Mercury was retrograde.

I’m just saying.  (Here’s a good article about the 1987 crash.)


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