Talk:Black Monday (September 2008)

Sourceless

Do we have any reliable sources that are applying this term to today's stock market downturn? If not, I think this article should be deleted or merged with one of the other articles relating to the financial crisis or the proposed rescue efforts. The fact that some contributor saw it referred to in these dramatic terms on some blog somewhere, or even came up with the idea of applying this term him/herself is not sufficient reason to have a page by this name. SS451 (talk) 00:43, 30 September 2008 (UTC)

Business Week, Globe and Mail, Minneapolis-St. Paul Star Tribune, Tampa Bay Business Journal, etc. JCDenton2052 (talk) 01:08, 30 September 2008 (UTC)

Let's be careful here about the sources and what they actually say. The 1st 2 sources above use "Black Monday" in their headlines only. I don't consider that to be enough. The 3rd (star trib) uses the word as a reference to what somebody else said, but doesn't explain further, the Tampa Bay's use is the most vigorous, but only

Some already are calling this another “Black Monday,” a term that has already been used more than once this year. Previous “Black Mondays” by some analysts include the market crash of Jan. 21, as well as the 500-point crash just two weeks ago after Lehman Brothers filed for Chapter 11 bankruptcy protection.

While it is the most points the stock market has ever lost in a single day, in terms of overall value, Monday's tumble still pales compared to others. The crash of Oct. 19, 1987 was 508 points, but that represented 22.6 percent of the market’s total value.

I don't think it's enough to start an article that a Tampa Bay Business Journal says "Some people are calling this another "Black Monday." No doubt that this is a big move, but let's stick to what reliable sources actually say about it. For reliable sources, let's stick to the best in financial reporting: the Wall Street Journal, Financial Times, the Economist, and perhaps the New York Times, and in this case the Washington Post. Remember WP:Crystal, and just quote what reliable sources say. No OR, please. Smallbones (talk) 01:32, 30 September 2008 (UTC)