Documentary on October 1987 a biggest market crash in history

A broker sitting in front of a small screen said I can read the number that make your head spin referring to 1987 crash



Where is it to go? That is a great danger moment.

The individual investors was using a little known the stock index futures contract the major market index(MMI)
still trade in CBOT start to buy

MMI is a big rescuers to 1987 crash.

http://www.in-the-money.com/glossarynet/Major_Ma.htm
Major Market Index (MMI)
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The Major Market Index (MMI) is another popular US stock market index. Even smaller than the S&P 100, this index contains only 20 stocks, most of which are members of the 30 stocks that comprise the Dow Jones Industrial Average (DJIA), the oldest and most widely reported stock market index. In contrast to the S&P 500 and 100 Indexes, the Major Market Index is computed simply by adding the current market prices of each of the 20 stocks, without weighting these prices by the number of their outstanding shares. The MMI closely mirrors the DJIA, which is also computed in this way. The MMI was created because Dow Jones & Company, which owns the DJIA, did not agree until 1997 to allow exchange-traded derivatives based on its index.  Refer to Dow or mini Dow futures contract 1997.