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konchy bill

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konchy bill

Re: jbgoodtrader post# 292205

Sunday, 01/27/2008 11:05:49 AM

Sunday, January 27, 2008 11:05:49 AM

Post# of 311068
John-I think I have read rather more economic history than you. The depression was a monetary phenomenon, which the grossly over leveraged and over bought stock market precipitated. That led to bank runs, which were the ultimate cause of the great contraction.

Shorting was inconsequential in the 29 crash. Then, as now, short interest was about 2% of the market.

If cats could blog, they wouldn't.

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