It sure is measuring up to the past crashes in pass century and given all the massive negative press and reporting that the sky is about to fall. This crash will go down in history as hugely monstreous!

Not even a coordinated barrage of rate cuts could prevent the stock market crash of October 2008 measuring up to those of October 1987 and 1929.
US stocks slid late in the session Wednesday, weighed down by continued tightness in credit markets, the need for capital at financial firms like Bank of America and a disappointing kickoff to the earnings season from Alcoa.
The Dow Jones Industrial Average fell 189.01 points (2%) to 9,258.10, its sixth straight decline and its lowest close since Aug. 11, 2003, more than five years ago.
For the week so far, the Dow is down 10%, on top of a 7.3% loss last week. By comparison, in the worst week of the 1929 crash, the week ended Oct. 19 that year, the Dow took a loss of 8.2%; the blue-chip index lost 13% on the week that started with Black Monday, Oct. 19, 1987. So far in October, the Dow is off 15%, compared with a loss of 20% in October 1929 and a loss of 23% in October 1987.
The broad Standard & Poor’s 500 fell 11.29 (1.13%) to 984.94, its lowest finish since Aug. 13, 2003. As of Tuesday, the S&P 500 had wiped out about $1.48tr in wealth during October, according to S&P.The technology-heavy Nasdaq Composite fell 14.55 (0.83%) to 1,740.33, also its lowest since August 2003.

Don’t believe in everything you read in the press. This perhaps could turn out to be an opportunity of a life time for many people (and not the mass). Take a look at all this from a different perspective. A “blessing in disguise” is the phrase I’d be inspired to in time of extreme crisis. If anything, at least we still have time on our side. Well, most of us anyway, and certainly I.