Special Report: One Year Later It Was the Best of Times . . .

For many people, the Crash of '87 turned out to be a heart-stopping carnival ride that dropped them off just about where they had been before the stock- price run-up that preceded the collapse. But others found their worlds turned upside down. Last year's bulls are this year's goats, and bad-news bears are best-selling authors. A gallery, starting with who's up:

WHEN ZWEIG TALKS, PEOPLE LISTEN. Analysts who foretold the crash have achieved guru status. Chief among them may be Marty Zweig, 46, who publishes the Zweig Forecast newsletter and manages $1.3 billion in pension funds from his Manhattan headquarters. Zweig...