1907

Discussion in 'Psychology' started by nokomisjeff, Sep 17, 2008.

  1. BINGO! Once you leverage time isn't on your side. You can't wait it out.
     
    #11     Sep 18, 2008
  2. hughb

    hughb

    When Mr. Morgan bailed out the Street in 1907, it was the middle of a bear market and after a brief rally, the market continued to sell off for many months.

    Nobody knows if Henry Paulson's bailout will mark the bottom of the current bear market, but he undoubtedly saved a few large institutions.
     
    #12     Sep 20, 2008