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GUEST,tfm76@yahoo.com BS: 'Black Friday' What is this? (28) RE: BS: 'Black Friday' What is this? 18 Oct 05


Hi

There are a few errors in regard to "Black Friday" presented on this page, which may need a little clarifying. There are several 'Black Fridays' in economic history.

Dec 5, 1745 - English Black Friday. Jacobite Rebellion.
May 11, 1866 - English Black Friday. Overend Guerney collapse.
Sept 24, 1869 - US Black Friday. Gold panic
May 9, 1873 - Austrian Black Friday. Vienna leasing crisis.
Sept 19, 1873 - US Black Friday.
May 13, 1927 - German Black Friday.

Then there are several other black days that readers also may be interested in.

The peak of the 1929 crash occurred on Oct 29, which is referred to as Black Tuesday. The 1987 panic took place on Oct 19 and is known as Black Monday.

May 9, 1901 saw a US Black Thursday due to railroad company speculation, while a US Black Wednesday happened on July 26, 1893 during the height of that panic. Sept 16, 1992 saw a British Black Wednesday with the collapse of the pound.

These are all the black days to my knowledge. Others may wish to extend this listing.

Curiously many of these dates (1745, 1866, 1873, 1893, 1929, 1987) fall in the 9/56 year panic cycle, articles on which are presented on: www.davidmcminn.com

www.davidmcminn.com

Regards Simon Hughes


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