WEEKLY MARKET DIGEST: ARE CONDITIONS RIPE FOR A 1987 TYPE CRASH? $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) ARE CONDITIONS RIPE FOR A 1987 TYPE CRASH? October 16, 2015 Today is a perfect day to ponder if conditions are ripe for a 1987 style crash. Today is Friday, October 16, 2015 and an option expiration day. In 1987, October 16th was also a Friday and option expiration day. On October 19, 1987, the U. S. stock market fell 22.61%. At present the following conditions are similar to 1987: The U. S. started shifting to