How Legendary Traders Made Millions – Profiting From the Investment Strategies of the Greatest Traders of All time : [PDF Download]

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“Volume on the exchange was also rising. From the fall of 1926, the market would not witness a single day with a volume under one million shares traded until the summer of 1931.

One curious divergence that was occurring for the astute observer was that economic conditions were slowing down even though optimism was running at an all-time high Auto and construction figures that were coming out were all down.

Also, European stocks had already begun to fall. In August an official recession set in, and this would be the first time that the market would actually rise and keep rising just before and right into the beginning of a new recession. Clearly, all caution was pushed aside.”

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