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Black Tuesday

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Black Tuesday
October 29th, 1929 when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million shares were traded in a panic selloff.

Notes:
By many, Black Tuesday is considered the end of the roaring 20's and the start of the Great Depression.


Black Tuesday
A widely used reference to October 29, 1929, the date of the greatest frenzy on the New York Stock Exchange during the Great Crash. Security prices plunged, volume surged to more than 16 million shares, and the ticker tape ran hours behind trading on the floor.

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People like [the Black Tuesday terrorists] don't just move in and out of the country undetected.
In its opening moments Black Tuesday, an insidious suite arranged to songs from the Great Depression, suggests we're in for a wallow in nostalgic kitsch.
In a November 3, 2003 story entitled "Rewarding Lawlessness," we noted the ironic impact of Bush administration immigration policies on our national security: "More than two years after Black Tuesday, our nation's borders remain terrifyingly insecure, and our anemic economy continues to shed manufacturing jobs.
 
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