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To: Richard Mazzarella who wrote (2702)3/17/2000 3:52:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
<< If it's right and listed on the Canadian exchange, it should be right for the US exchange. Don't get so damn
sensitive.>>

Not a question of being sensitive, but more logical. If it is right, it is right, no matter where it trades. Not buying it because it costs a few percent more is not logical if you think the stock is going up several hundred percent.



To: Richard Mazzarella who wrote (2702)3/20/2000 12:15:00 PM
From: long-gone  Respond to of 8010
 
OT
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