Black Monday ‘87 happened after a weekend, preceded by a bad Thu & Fri

I’m just batting this comparison about trying to compare now vs then. There could be a dead cat bounce, for a few hours or a day, but beyond that…?

* Like in ‘87, we have a weekend to let things fester not cure.
* That last 5 minutes on Friday means capitulation is still a work in progress.
* China’s markets closed all through this.
* China has its own pride; could do some well-timed currency warning shots, just enough asymmetric leverage to grease the slide.
* Confidence in the dollar is gone.
* Retail investors don’t need to wait in a phonebank queue to mouseclick their part in a freefall.
* The fed is can’t do anything, other than prove their independence.

This is just a bush-league starting list.