Boom, Ka-boom!

Boom, Ka-boom! Panicked by a faltering buyout deal and a whiff of inflation, the stock market posts its worst loss since the '87 crash and provokes fears of a bearish season to come

The day was star-crossed: Friday the 13th in the month of October, on the eve of the second anniversary of a devastating market crash. "I'm telling you, psychology is really funny. People get crazy in situations like that," said portfolio strategist Elaine Garzarelli. Last week Friday the 13th lived up to its frightful reputation. After drifting lower at a sleepy pace for most of the day, the Dow Jones industrial average abruptly lurched into a hair- raising sky dive in the final hour of trading. By the time the 4 p.m. closing bell halted the rout, the index had dropped a...

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