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lee kramer

03/19/05 2:04 PM

#371682 RE: Joe Stocks #371667

Hi Joe: I just have trouble comparing 1929 with today. Very few people traded back in '29 and margin rates were something like 5-10%. The Fed was in it's infancy, the government was not an inflation engine. Sure, things got hoopy in the market; that surely was a bubble that was unsustainable. But I'm open to any counter argument.
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otraque

03/19/05 2:18 PM

#371685 RE: Joe Stocks #371667

i am with you Joe:)(eom)