SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (44818)4/4/2000 3:12:00 AM
From: KeepItSimple  Read Replies (2) of 99985
 
>I have seen it for years, just never on this scale!

Read the history books on the 1929 crash. Right after the first huge dip occurred, all the big NY banks got together and propped up the market for 24 hours, fooling most of the investing public back into stocks. And giving the banks time to exit positions and go short.

The next day, they let the bottom fall out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext