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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (15197)	8/15/2001 3:07:19 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 52237

hiya Dave yes i do...iam thinking the long side is the surprise side to trade...if we do not break current supports this week..

To: stomper who wrote (15197)	8/15/2001 3:30:06 PM
From: TechTrader42	Read Replies (2) \| Respond to of 52237

OT Your thoughts are clearly clouded by bearishness. Pls. report for reindoctrination. Paul has posted some interesting notes on rate cuts at the time of the '29 crash. But he's in need of some bullish reprogramming, too. Sunday, October 13, 1929, II, Page 7, Col. 2 STOCK PRICES WILL STAY AT HIGH LEVEL FOR YEARS TO COME, SAYS OHIO ECONOMIST Wednesday, October 16, 1929, Page 8, Col. 4 FISHER SEES STOCKS PERMANENTLY HIGH Yale Economist Tells Purchasing Agents Increased Earnings Justify Rise Tuesday, October 22, 1929, Page 24, Col. 1 FISHER SAYS PRICES OF STOCKS ARE LOW Qoutations Have Not Caught Up With Real Values As Yet, He Declares ---------- SEES NO CAUSE FOR SLUMP ---------- Economist Tells Credit Men that Market Has Not Been Inflated, But Merely Readjusted Thursday, October 24, 1929, Page 1, Col. 1 PRICES OF STOCKS CRASH IN HEAVY LIQUIDATION, TOTAL DROP OF BILLIONS ---------- PAPER LOSS $4,000,000,000 ---------- 2,600,000 Shares Sold In The Final Hour In Record Decline ---------- MANY ACCOUNTS WIPED OUT ---------- But No Brokerage House Is In Difficulties, As Margins Have Been Kept High ---------- ORGANIZED BANKING ABSENT ---------- Bankers Confer On Steps To Support Market - Highest Break Is 96 Points

To: stomper who wrote (15197)	8/15/2001 3:43:14 PM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

Interesting site, with excerpts from from "AGAINST OLIGARCHY," by Webster G. Tarpley. tarpley.net "Here is a sampling compiled by Herbert Hoover of selling points used by lobbyists seeking votes for the Federal Reserve Act: " 'We shall have no more financial panics....Panics are impossible....Business men can now proceed in effect confidence that they will no longer pu their property in peril....Now the business man may work out his destony without living in terror of panic and hard times....Panics in the future are unthinkable....Never again can panic come to the American people.' [The Memoirs of Herbert Hoover, p.7] "The verdict of history must be that the Federal Reserve has utterly failed to deliver on these promises. The most potent political argument against this arrangement is that it has been a resounding failure. Far from making financial crises impossible, the Fed has brought us one Great Depression, and it is about to bring us a super-depression, a worldwide disintegration." And: "The panic of 1929 is a prime example of a financial collapse which was not prevented by the Federal Reserve. In fact, the 1920's speculaltive bubble and subsequent crash of 1929 was directly caused by Federal Reserve policies."