Sunday, September 21, 2008

1929

Basic Lessons:
1) The closer to a heavy drop, the harder Wall Street pushes the "everything is just dandy!" propaganda.

2) The so-called industry experts either intentionally deceive or are clueless numb-nuts.

3) When dumb-money, e.g. the bank teller, shoe shine boy, decide to buy... it's time to sell.

4) Volatility increases on downside moves, due to fear of further losses, which ironically causes increased price drops.

5) The market does not move in a straight line fashion. A few days of rallying does not necessarily mean the panic's over.

Most importantly- Learn how the market works before diving in with real money. Once mastered, fortunes can be made off these moves.

Enjoy the video!

Part I


Part II


Part III


Part IV

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