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Pastimes : Ask Mohan about the Market

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To: Jay who wrote (10553)	12/9/1997 10:23:00 AM
From: Mike M2	Read Replies (1) of 18056

Jay, "Never a depression without a preceeding boom. Never a boom and high prosperity without an outbreak of speculation. Never such a outbreak that has not ended in a financial crisis. Check the speculation in time, and we shall have no serious depression..." Carl Snyder " Capitalism the Creator" p.229 Jay it's much too late to do anything but sit back and watch this bubble burst. We have good reason to be glooomy we understand history and its lesson's too bad the herd does not. Mike Jay read this fame.org

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