9 99atlantic Oct 30, 2006 #1 What caused the market to drop almost 20% in august 1998? (Sorry, I was still in HS at that time, lol)
What caused the market to drop almost 20% in august 1998? (Sorry, I was still in HS at that time, lol)
D DeepFried Oct 30, 2006 #3 Quote from 1000: was it the Russian debt default? may be, just guessing More... yes, the "currency crisis."
Quote from 1000: was it the Russian debt default? may be, just guessing More... yes, the "currency crisis."
$ $CostAverageMAN Oct 30, 2006 #4 Flight to Long Bonds also caused the LTCM collapse....Scary times to be in the Forex
