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To: AAABEST

In the 1929 crash, there were also days of huge declines, followed immediately by huge gains. Back and forth, but the trend was lower with more very bad days than there were very good days.

Then there was a 5-month rally where the market gained 48%, but topped out and began a 2+ year decline.

Huge volatility is a bad sign....


45 posted on 08/10/2011 9:11:09 AM PDT by poindexter
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To: poindexter
Yep

46 posted on 08/10/2011 9:15:04 AM PDT by TSgt (When in the Course of human events...)
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To: poindexter
You are correct and money was being pumped in (wealthy individuals I think, if remembering History correctly) and then there was the net result. There (imho) is much similarity on what was done then and what is being done now. Only this time all the taxpayers are on the meat hook, instead of a few wealthy. Please correct me, if I'm wrong.
57 posted on 08/10/2011 9:26:53 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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