Tuesday, September 15, 2009
The Greatest Sucker's Rally In History, Play By Play
How closely does history repeat itself?From the Business Insider at ClusterStock: The Greatest Sucker's Rally In History, Play By Play: "The early 1930 rally came after the market had fallen nearly 50% in the fall of 1929. That rally took the market up nearly 50% again, to a level that was only about 20% below the previous peak.That rally, of course, was also the biggest sucker's rally in
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