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It's hard to believe that it's been 25 years since Black Monday, 1987:

It was just a quarter-century ago that Wall Street was shaken to its core by the Oct. 19, 1987, stock market crash.

On one day, the Dow Jones industrial average lost 23 percent of its value. People wondered if that heralded a new Depression. A front page headline in The New York Times asked, "Does 1987 Equal 1929?"

It did not. The next recession, a mild one, was more than two years away.

TWENTY-THREE PERCENT! Imagine if the market fell that much today: from 14,500 in the Dow to almost 10,000 in one day.

Pretty amazing, eh?

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