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From: john@bby-bc.UUCP
Newsgroups: can.politics
Subject: Re: market crash
Message-ID: <169@bby-bc.UUCP>
Date: Fri, 23-Oct-87 01:11:45 EST
Article-I.D.: bby-bc.169
Posted: Fri Oct 23 01:11:45 1987
Date-Received: Sun, 25-Oct-87 10:50:21 EST
References: <167@bby-bc.UUCP> <1060@looking.UUCP> <1987Oct21.225842.18695@gpu.utcs.toronto.edu>
Distribution: can
Organization: Burnaby, British Columbia, Canada
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In article <1987Oct21.225842.18695@gpu.utcs.toronto.edu>, taras@gpu.utcs.toronto.edu (T. Pryjma) writes:
> 
> I just wish people would stop attributing too much significance to what
> the stock market is doing on any given day.

But people do attribute a lot of significance to 20% drops, and so in a
self-fulfilling fashion it *is* important.

.
.
> What is more important is the value of the Canadian dollar.

I think it dropped something over one penny on Tuesday.