"Subscribers here by thousands float, And jostle one another down, Each paddling in his leaky boat, And here they fish for gold and drown. Now buried in the depths below, Now mounted up to heaven again, They reel and stagger to and fro, At their wit's end, like drunken men. Meantime, secure on Garraway cliffs, A savage race, by shipwrecks fed, Lie waiting for the foundered skiffs, And strips the bodies of the dead." This was Mr. Swift's exclamation and comparison of Change Alley to a gulf in the South Sea. Quoted from "Extraordinary Popular Delusions and the Madness of Crowds" , published in 1841. Jesse Livermore read this book and then wrote his. This, to me is the embodiment of a monthly chart of the NDX.