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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (157024)10/14/2008 9:57:36 AM
From: PerspectiveRead Replies (1) of 306849
 
Just don't pull a Jesse, n'Kay?

jesse-livermore.com

1929 52 Jesse Livermore's greatest moment as a trader. He goes short in the great crash of 1929 and makes a profit of around $100 million.
1933 56 The police are called when Jesse Livermore apparently goes missing. One day after disappearing he returns home, walking unsteadily. He says he spent the night in a hotel and awoke with a blank mind. Reading newspaper headlines about his disappearance brought him to his senses. His doctor's verdict: "Amnesia nervous breakdown."
1934 56 Jesse Livermore is bankrupt. He has lost his entire trading fortune. How he did this is unknown. He is not destitute - his family annuities save the day. He and his wife sail to Europe. "I hope to relieve my mind of some of my troubles."


The bear's after us all...

`BC
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