Pray and Hope# Stock
p*e
1 楼
"law of gravity hit Wall Street today and financial markets around the world
for that matter as stock prices plunged even more than they did on black
Tuesday of 1929..."
"Suddenly it was a free fall. A better than 22% tumble in the Dow and
nervous traders were looking over their shoulders......."
"Confusion spreads through the canyon of New York City’s financial district
. And men stare wild eyed at the spectacle of complete ruin....."
"...Paper fortunes built up over the past few years crumbled into nothing
before this disaster which is to touch every man, woman and child in America
..."
"What they saw was programmed selling taken to the ultimate art form..."
"what they don’t know and readily worry about is how far that correction
really has to go, how long it will take and exactly how many more people
will be hurt in the process before the market decides, if it decides, to
turn around..."
"They just put their hands in their pockets and stood in disbelief as the
Standard and Poor’s 500 future fell and fell and fell..."
"Whether index futures and options traded in Chicago through program trades
and portfolio insurance strategies actually caused the traumatic decline or
just increased its magnitude is a question the academics
will ponder in the months ahead. Today for the traders the only thing that
mattered was survival. Those who did not will be putting their seats up for
sale in the days ahead..."
for that matter as stock prices plunged even more than they did on black
Tuesday of 1929..."
"Suddenly it was a free fall. A better than 22% tumble in the Dow and
nervous traders were looking over their shoulders......."
"Confusion spreads through the canyon of New York City’s financial district
. And men stare wild eyed at the spectacle of complete ruin....."
"...Paper fortunes built up over the past few years crumbled into nothing
before this disaster which is to touch every man, woman and child in America
..."
"What they saw was programmed selling taken to the ultimate art form..."
"what they don’t know and readily worry about is how far that correction
really has to go, how long it will take and exactly how many more people
will be hurt in the process before the market decides, if it decides, to
turn around..."
"They just put their hands in their pockets and stood in disbelief as the
Standard and Poor’s 500 future fell and fell and fell..."
"Whether index futures and options traded in Chicago through program trades
and portfolio insurance strategies actually caused the traumatic decline or
just increased its magnitude is a question the academics
will ponder in the months ahead. Today for the traders the only thing that
mattered was survival. Those who did not will be putting their seats up for
sale in the days ahead..."
