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To: Bucky Katt who wrote (12323)5/5/2003 4:11:12 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Jim, some tidbits from history>
"For 5 years at least, American business has been in the grip of an apocalyptic holy-rolling exaltation over the unparalleled prosperity of the 'new era' upon which we have entered."
- Business Week, 1929
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"Bulls of 1929 - like their 1990s counterparts - had their eyes glued on improving profits and stock valuations. Not a thought was given to the fact that the rising tide of money deluging the stock market came from financial leverage and not from savings. "
- Dr. Kurt Richebacher


William:

How about "It's Different This Time"...

Jim



To: Bucky Katt who wrote (12323)5/5/2003 8:42:33 PM
From: Sergio H  Read Replies (2) | Respond to of 13094
 
TIDBITS FROM HISTORY - CONTD.

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