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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (7181)	11/6/1997 9:00:00 PM
From: Bilow	of 18056

Hi all, I finally got back my copy of The Great Crash 1929 by John Kenneth Galbraith, and have been rereading it. What a great writer, particularly when he is writing about something that happened so long ago that he doesn't have the need to put a political spin on it. Regarding Monday panics, he writes: In the ensuing weeks the Sabbath pause had a marked tendency to breed uneasiness and doubts and pessimism and a decision to get out on Monday. This it seems certain, was what happened on Sunday, October 20. (1929) -- Carl

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