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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (25713)8/28/2002 4:35:39 PM
From: MeDroogies  Read Replies (2) | Respond to of 39683
 
Good memory. I remember the launch of the Apollo missions, particularly the moon shot. I remember (oddly enough) MLK's assassination, and I was only 6. That, by far, is my earliest memory. But Vietnam and Watergate were staples in my household. I watched Simon giving testimony before Congress while my mom ironed my clothes.
I watched the Tet Offensive on the news and being concerned because my favorite uncle was over there (he later died ferrying Lt. Col. Vann in a helicopter).
Weird things shape memory....
The 24 point move was important to me because it was the first time I associated the economy with the stock market. My dad said "well, that means things will be better in 6 months". I don't remember if he was right, though. I doubt it. Nothing in the 70's was what I would consider good. Except Led Zeppelin.



To: Dr. Stoxx who wrote (25713)8/28/2002 5:14:18 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
You kids! When I graduated high school the DJIA was below 300 and was into a bear market. My dad sold mutual funds in those days and that bear market took us into a recession which lasted about a year. That was dinner table conversation most evenings. As I recall, the Dow dropped a whopping 75 or 80 points. Whew!