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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jz who wrote (30228)10/17/1999 12:33:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 99985
 
October 30, 1929 Women Traders Going Back to Bridge Games; Say They Are Through With Stocks Forever

By THE NEW YORK TIMES

he women who some time ago took up the pastime of high finance
seemed yesterday on the verge of returning to bridge. They filled
the uptown offices of Stock Exchange firms, irritable and nervous.
Toward 3 o'clock the general tenor of their remarks was that they were
through forever.

Stock brokers have said that the women speculators are the worst
losers. Many of those appearing the most worried yesterday were
elderly. They pushed their way into the crowded rooms, asked for the
latest quotations and then blamed the brokers for the condition of things.
In one office a stout woman with chins asked a harassed manager for a
quotation, heard it and then remarked: "You might at least be a
gentleman." She went away crying.

Another woman, also elderly, went into the same office and announced
loudly that she had lost $10,000. She seemed proud that she had lost it
and went around for some time telling her friends. She wore four rings on
one hand and smoked a succession of gold-tipped cigarettes from a
jewel- studded gold case.

Four women were making the rounds of the offices on upper Broadway,
apparently bent on turning catastrophe into a social affair. They drove in
a large car with a chauffeur and entered each office regally. One of them,
who said she had lost $15,000, remarked of an office that "this place is
depressing." They went elsewhere.

The men in the uptown offices gathered around the tickers, sat quietly in
their chairs or stood along the walls of the room. They made calculations,
they appeared worried, but they said very little.

Shortly after 3 o'clock a small boy wandered into one of the uptown
offices, looked around and finally found his mother. Apparently that is
where he had been accustomed to meet her after school. They went out
together shortly afterward, the boy asking for an ice cream cone and the
woman telling a friend of her day's losses.