Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label 1987 crash. Show all posts
Showing posts with label 1987 crash. Show all posts
03 March 2019

Crash Signatures

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If you have been a long term reader here you know that I have something called a 'Crash Signature.' One of the key components o...
13 November 2018

What Is Missing To Complete a 'Crash Signature' for 2018

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"Life is a school of probability." Walter Bagehot Here is a little more to expand on the posting I made last night here. ...
25 March 2018

A Retrospective and Signature In Charts of the Crash of 1987

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"Life is a school of probabilities." Walter Bagehot And, now and again, gravity. After a long ramp higher, marked by a na...
06 May 2010

PLUNGE! 1987 Style Sudden Drop in US Stocks Driven by Program Trading and a Ponzi Market Structure

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“Lasciate ogni speranza, voi ch'entrate." Dante Alighieri, The Inferno, Canto III, 9 US equities were gripped by panic selling as t...
30 December 2009

Ghosts of 1987

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I am a 'fan' of very few people in the money business. One of my favorite pundits is a frequent guest on Bloomberg Television, which...
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