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To: Tommaso who wrote (144265)1/16/2002 10:42:09 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Anyway, going back almost a century, there are plenty of observations that apply today. >

Naw... it's different now... new economy... federal reserve, etc.... Oh, except that it's all the same when I look at the historical data supporting an ever increasing market and equities at any price for the long run.

ROFLMAO

DAK



To: Tommaso who wrote (144265)1/16/2002 11:35:11 PM
From: At_The_Ask  Respond to of 436258
 
Wow nice find. I've got a book called "Wall Street and Lombard Street" by Francis W. Hirst. Original Edition published 1931. It was once part of the Fed library. I paid like 2.50 for it in a used bookstore. It's an economists observations on the 28 bubble and subsequent crash and deflation of prices. It reads like a history of 99 to present with the names changed. It's got some water stains on it, I think bubble boy was reading it in the tub.