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To: AllansAlias who wrote (79269)3/12/2001 7:39:23 PM
From: GraceZ  Respond to of 436258
 
In 1929 the late longs were taken out.
In 1930 most other longs were taken out.
In 1931 the smart longs were taken out.
In 1932 the really smart longs were taken out.


The one you forgot:

In 1933 the really smart and lucky longs that still had money left were converted to bears for the next 30 years.



To: AllansAlias who wrote (79269)3/12/2001 7:40:53 PM
From: Brasco One  Respond to of 436258
 
so, no buying the dip?>g



To: AllansAlias who wrote (79269)3/12/2001 8:47:05 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yes, it WILL come...and that little quote from the early 30's market may well be applicable here...in fact, the NAZ has fallen faster up until now than the Dow has in late '29-'30. it's only outcollapsed by Germany's "Neuer Markt", which has just managed to produce an absolute record collapse for a modern industrialized nation stock market.


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