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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Elroy Jetson who wrote (68310)8/31/2007 1:28:34 AM
From: NOW  Read Replies (1) of 116555
 
“Traders who would formerly have taken the precaution of reducing their
commitments just in case a reaction should set in, now feel confident that they
can ride out any storm which may develop. But more particularly, the
repeated demonstrations which the market has given of its ability to ‘come
back’ with renewed strength after a reaction has engendered a spirit of
indifference to all the old time warnings. As to whether this attitude may not
sometime itself become a danger-signal Wall Street is not agreed.”
- New York Times, September 1, 1929
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