WHAT BOTHERED ME ABOUT THE 900 POINT RALLY...AND THEN THE 70 POINT LOSS THE NEXT DAY WAS THAT THE VOLUME WAS THE SAME BOTH DAYS! ABOUT 1.8 BILLION SHARES... THIS IS VERY LOW BY RECENT STANDARDS...BUT IT IS PERFECT VOLUME FOR DISTRIBUTION TO OCCUR...!
THIS TO ME SMACKS OF DISTRIBUTION ON A MASSIVE SCALE...
THE SMART MONEY IS UNLOADING TO THE DUMB MONEY... THIS IS EXACTLY WHAT HAPPEN IN THE AFTERMATH OF 1929...AS THE SUCKERS RUSHED IN FOR "BARGAINS!!"
WHEN DID THE SUCKERS "COME EVEN" ON THEIR "INVESTMENTS" IN 1929-1932...?
1954!!