was Black Tuesday, the biggest stock market crash in history.
shares were traded in a single day. The machinery used to compute sales could
not cope with the business.
followed Black Monday a day earlier, and last week there was a Black Thursday.
It doesn't get much blacker than that...
Great Depression followed.
crash followed a long period of massive over-speculation in the US market. The
market had actually peaked in August.
1932 stock prices were still only about 20% of their 1929 highs.