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Tuesday, October 16, 2007

Traders Are Nervous, Perhaps This Is Why...

This week is the anniversary of Black Monday, so if you're nervous about the market right now you're not alone...

Why are so many traders nervous this week?

There are several possible reasons, but it could be because this week is the 20th anniversary of BLACK MONDAY, the crash of '87. Many reading this email may be too young to remember the biggest single day drop in the history of the Dow Jones Industrial Average, but I was a young man at the time and remember quite well.

On the 19th of October 1987 the Dow dropped now less than 23% in one day. So what was the biggest single day loss during the infamous crash in 1929? It was 12.9%
on October 28th 1929.

Can it happen again? That's the question BARRONS posed on the front page of its weekly newspaper.

I have just completed watching a new video to show how you can protect yourself no matter what happens to the market.

You can watch it here. No registration is required.


This could be a rough week, so be sure you keep an eye on your trading and your risk.

Trade well.

Christopher Smith
TheOptionClub.com

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