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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: giddy guru who wrote (33960)6/21/2012 12:54:02 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221743
 
Just got back, nice work keeping these market lower...<g>

This is still just a pull back in a bull market, that is unless we get a sell signal within the next few days...

GZ



To: giddy guru who wrote (33960)6/21/2012 3:06:56 PM
From: fred woodall2 Recommendations  Respond to of 221743
 
Off topic: Speaking of GS, I'm reading a remarkable book, "The Manhattan Project".

Sept. 1939. P. 40. Wigner wondered whether the U.S. Government should also be notified, and into the afternoon Einstein and Szilard drafted a similar letter, also in German, to the secretary of state. That afternoon, they agreed to send the State Department a copy of Einstein's letter to the Belgian ambassador, giving the department two weeks to object if they opposed the letter.

When an "uneasy feeling about this approach" led Szilard to "talk to somebody who knew a little bit better how things were done," he called on Dr. Gustav Stolper, A Viennese economist and publisher whom he first knew in Berlin. STolper quickly understood Szilard's situation and suggested approaching a friend, Dr. Alexander Sachs, who was a vice-president of the Lehman Corp. Sachs had worked privately since 1933 as an adviser to Roosevelt's New Deal and would surely know how to approach the government.

Sachs listened intently to what Szilard said. Sachs needed little persuading; he was familiar with popular reports around uranium fission and fearful of German aggression. Einstein's letter should not go to the Belgian royal family or a U.S. government department. Sachs said; they wouldn't know what to do with it. It should go, instead, directly to President Roosevelt. Sachs boasted about his easy access to the White House and joined with Szilard in planning strategy. If Einstein would sign a letter, Sachs promised he would deliver it, in person, to the president.