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- Last Update: 20 May 2019, 4:17
Categories:General Market Commentary
(12/29/18) -- Ditto
(9/1/17) -- [List under reconstruction.]
(5/20/13) -- See 2001 SCC newsletter after this list was established -- http://stockcharts.com/commentary/archives/cww20010909h.html
(3/5/12) -- This chart was first posted on August 30th, Earth Year 002,001.
(4/22/002,006) -- Warren Buffett on hair triggers:
'There are more people [like hedge-fund managers] that go to bed at night with a hair trigger than ever before, it's an electronic herd,
they can give vent to decisions that move billions and billions of dollars with the click of a key.
We will have some exogenous event - we will have that. There will be some kind of stampede by that herd . . .
'When you have far greater sums than ever before, in one asset class after another, that are held by people who operate on a hair-trigger mechanism,
then they lend themselves to more explosive outcomes. People with very short time horizons, with huge sums of money - they can all try to head for the exits at the same time.
The only way you can leave your seat in burning financial markets is to find someone else to take your seat, and that is not always easy ...'
(8/30/01) -- The Big Empty.
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