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<x-rich>>What was the cause of the crash of '29? The cause
>is pretty well understood: The Federal Reserve Bank reigned in over a third
>of the credit it had easily provided in the previous 10 years, in a short
>time frame- calling loans etc. In other words, the stock market was rising
>at a relatively normal pace, when cash was pulled out from underneath it.
yes, but what was the event that ultimately caused the market to crash?
We found the answer another time in technical analysis traditional tools:
a well defined head and shoulders! (please see the attached chart)...
ciao
</x-rich>
Attachment Converted: "c:\eudora\attach\1929.gif"
<x-rich>
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<bold>Gaetano Arnaldo Evangelista</bold> - BARI (Italy)
E-mail: ageitaly@xxxxxx
URL: http://www.geocities.com/wallstreet/8492
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