Grad Call Timeline 10-9-08

Hey Gang,Below is an outline of the timetable we discussed with the events during the great depression.

J. D. Rockefeller said:

“These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.”

1. Roaring 20’s—great economic prosperity.  — Debt leveraging

 

2. 1929- Sept 3^rd hit a record high 381.17

 

2. 1. Next month decline of 17%
   2. Thu 24^th of Oct. / Fri 25^th — Rockefeller/Durrant/Big Banks
   3. Black Monday – 13% decline
   4. Black Tuesday – 12% decline
   5. 30 billion market loss – 10 times the size of the FED budget

 

3. Market bottom on Nov 13^th at 198.6….loss of 48%

 

4. From Nov – April…the market rallied 50% —294

 

4. 1. Government tried to enact a balanced…cut spending and raised taxes.
   2. Raised interest rates
   3. Raised tariffs…raises overall prices

 

 

5. Over the next 2 years the market fell to 41.22…total decline of 89%

Happy Trades!

Jeff