View: 10 Lessons from 1987 Market Crash | The Big Picture

Nice set of rules from Wallace Witkowski of MarketWatch:

10 lessons from the market crash of 1987

1. Stay objective when others get emotional2. Be like Buffett: Buy on the fear, sell on the greed3. Make a crash shopping list4. What goes up fast comes down faster5. There’s no such thing as ‘it can’t happen’6. Tune out the daily noise7. Don’t bail8. Don’t use the calendar to rebalance your portfolio9. Bet with your head, not over it10. Investors face greater risk now

Source:10 lessons from the market crash of 1987Wallace WitkowskiMarketWatch, Oct. 19, 2012  http://www.marketwatch.com/story/10-lessons-from-the-1987-stock-market-crash-2012-10-19