Short Term Trading Member Forum

[david_3011]

mr_cash4 – JESSE LIVERMORE FACTS

This is important for me to see other readers have the correct information about Jesse Livermore. And, that is it for me here. Thanks for the hospitality. Good luck to all.

mr_cash4 wrote:
david, I am not trying to pick a fight with you, but check your facts: Livermore made his fortune PRIOR to the 1929 stock market top and then lost it all during the 1929-1932 bear market, that's why he died broke.

This is what the transcript of the PBS documentary wrote:

NARRATOR: There were some people, however, whose investment strategies made money. On October 29th, Jesse Livermore's wife, hearing of the crash, ordered the servants to move all the furniture out of their mansion into a small cottage on the estate.

Mrs. LIVERMORE: So when Mr. Livermore got home that night, he walked into a totally vacant house. When she told him that she had effected the move because she was sure that they had lost all their money, he told her that he had made more money that day than he had ever made before.

And here’s the link to the transcript.
http://www.pbs.org/wgbh/amex/crash/filmmore/pt.html