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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (23937)3/17/2000 10:23:00 AM
From: The Phoenix  Read Replies (1) | Respond to of 63513
 
Heck... If I knew that I wouldn't have a day time job. I think Jorj's rule of thumb is half the drop. I'll be happy with $10... I'll probably drop 1/2 at $35-$37 and see what happens from there.

OG



To: Lost1 who wrote (23937)3/17/2000 11:11:00 AM
From: HG  Read Replies (1) | Respond to of 63513
 
BEAS

For a change I feel good I held on to a loser.... :-)



To: Lost1 who wrote (23937)3/20/2000 12:16:00 PM
From: long-gone  Respond to of 63513
 
all,
always remember:
The Stock Market Crash of 1929

More has been written about this market debacle than any other in financial history, possibly because of the fact that it was preceeded by one of the most speculative episodes in stock market history and marked the beginning of the worst depression the United States has ever experienced.

The overwhelming mood at that time was one of political, social, and economic order under the leadership of Calvin Coolidge and his Treasury Secretary Andrew Mellon. In March of 1929, Coolidge was succeeded by the more experienced Herbert Hoover, and corporate America rallied behind the new president, confident that the new leadership could further advance the cause of continued prosperity and growth. Unknown to the general public was the new president's concern over what he considered to be an unsustainable runup in stock prices. In fact, Hoover considered the stock market to be heavily overvalued that spring of 1929 as (cont)
valuationstreet.com