The Panic of 1907
Number nine, number nine
Industry allows financial imbalance
-The Beatles, Revolution 9
As mentioned in a prior post, the S&P topped on October 11, 2007. In March of this year, it found support at 666. The March low was 666 days from the October high.
The Panic of 1907, was chiefly caused by a rescission of market liquidity.
The high in 1906 to the low in 1907 lasted 666 days. Markets run in cycles and the cycles don’t change.
The only thing that changes in the markets are the players.

The Panic of 1907





then what happened
Comment by rich — September 2, 2009 @ 11:04 am
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