"WASHINGTON (MarketWatch) -- Few observers have ever seen anything like the economic data that will be released in the coming week, with the consumer price index and housing starts each expected to breach records dating back to the late 1940s...."
http://tinyurl.com/6bowfj
Capricious
"This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan... that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years."
- R. W. McNeel, market analyst, as quoted in the New York Herald Tribune, October 30, 1929, when the DJIA was about 240 (+,-)
In 1932 the DJIA bottomed @ about 25 (+,_)
CapriciousCapriciousBeach Fanatic423 postsJoined View profileMessageBeach Fanatic
CapriciousBeach Fanatic423 postsJoined View profileMessageBeach Fanatic1,182 views
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27My my.
An interesting week to say the least.
Made a little money in the markets.
Made a little last week as well.
Don't think it's time for "buy and hold" yet.
Capricious
"We feel that fundamentally Wall Street is sound, and that for people who can afford to pay for them outright, good stocks are cheap at these prices."
( Goodbody and Company market-letter quoted in The New York Times, Friday, October 25, 1929)
An interesting week to say the least.
Made a little money in the markets.
Made a little last week as well.
Don't think it's time for "buy and hold" yet.
Capricious
"We feel that fundamentally Wall Street is sound, and that for people who can afford to pay for them outright, good stocks are cheap at these prices."
( Goodbody and Company market-letter quoted in The New York Times, Friday, October 25, 1929)
BobBobSoWal InsiderO'Wal10,368 postsJoined View profileMessageSoWal Insider
BobSoWal InsiderO'Wal10,368 postsJoined View profileMessageSoWal InsiderYou mean they're drinkin, fightin and carousin?yeah and the four wheelin, fishin without a license, peein on government property, inflatin charitable contributions, and not flossin every six hours
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