Monday, January 24, 2011

S&P pit after the bell on the Crash of '87


Above is a photo I purchased from the Chicago Tribune archives which shows the S&P 500 trading pit immediately after the close bell on Monday, October 19, 1987 better known as Black Monday.  From talking to some old timers, they've mentioned to me that most of the guys they knew made money on the day of the crash which was surprising to me.  A handful of the guys in the photo are still trading 24 years later!