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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (41850)	10/18/2000 3:26:47 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 42523

I don't know about you Ice, but I am absolutely stunned at the blatant display of f*git rally! I expected it but not until late in the day. Even if I wanted to cover, I did not have any time to cover in the morning. They wasted no more than 15 minutes to "stabilize" the markets. Regardless of how crappy I feel right now, I have a slight optimism that something is going to happen between now and Friday. We all know what Harpo "yapped" last Friday. She is "more comfy now than she was in March..." ---------------------------- Fisher, Prof. Irving Professor of Economics, Yale University. Professor Irving was quoted many times in the Times predicting continued high prices and growth in the market. He was wrong. (Back) Quotes from October 22, 1929 Article "He dismissed yesterday's break in the market as a 'shaking out of the lunatic fringe that attempts to speculate on margin.'" "During the next few weeks, he predicted a 'ragged market, returning eventually to further steady increases.'" Note that these statements were made two days before the crash. ------------------- A week later.... -------------------- Tuesday, October 29, 1929, Page 1, Col. 6 STOCK PRICES SLUMP $14,000,000,000 IN NATION-WIDE STAMPEDE TO UNLOAD; BANKERS TO SUPPORT MARKET TODAY Sixteen Leading Issues Down $2,893,520,108; Tel. & Tel. and Steel Among Heaviest Losses ---------- PREMIER ISSUES HARD HIT ---------- Unexpected Torrent of Liquidation Again Rocks Markets Courtesy: sac.uky.edu