Black Monday” was 24 years ago today – October 19, 1987. On that date the Dow Jones Industrial Average (DJIA) fell a staggering -22.6% (508 points) closing at 1738. What followed was a Secular Bull market that saw the DJIA advance by +561%, or 9,759 points, closing the decade at 11497. In the past eleven (11) years, the DJIA has advanced a worthless 80 points, closing yesterday at 11577. 

Thanks to BM,who posted this quote on Dino's CIL today