The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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February 15, 2017

Comments

Stuart Davies

Professor Elam: It has been a while since I spent any time reviewing the content here. (I have been on a '12-hours a day' research and technical study of market behavior for a few years now). I am so glad that I took some time to read your posts and comments. Riveting stuff as always. I am most specifically attentive to the social mood references. That has always fascinated me. The cycles in nature/creation are mind-blowing and get to the heart of what we are as organic logic 'modules' wandering the planet(s)(-?). I do not eliminate our spirituality as also being the great 're-balancer' at our personal disposal. The power of one when multiplied does become the herd. As individuals we need to guard our hearts. Unfortunately, the sentry is pre-disposed to take short (or long) breaks which we need to pay attention to and call him/her back to the post. That requires sustained effort and a helping hand from invisible forces of course. We are generally not that diligent as societies overall.

I do appreciate your candid comments when you see a change in expectations in the markets. The road to and from top-calling is littered with casualties. Market analysis is an exacting science and has nothing to do with emotion in the trader which you make clear with chart and moving average demonstrations. Bravo for continuing to promote a technical approach. We are at a juncture in the market which does appear to be aligning with all the socioeconomic analysis you relay to your readers. Thank you and keep up the great work. - Stuart

Jack

I have followed K. Parker for years. She is a complete idiot.

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