"Stock
prices have reached what looks like a permanently high plateau.
I do not feel there will be soon if ever a 50 or 60 point break from
present levels, such as (bears) have predicted. I expect to see the
stock market a good deal higher within a few months." - Irving
Fisher, Ph.D. in economics, Oct. 17, 1929. Twelve days later, the stock
market crashed. In two months, September and October, the stock market
shed 40% of its value and by the end of November, investors had lost
$100 billion dollars in assets."
Devvy Kidd authored the booklets,
Why A Bankrupt America and Blind Loyalty; 2 million copies sold.
Devvy appears on radio shows all over the country. She left the
Republican Party in 1996 and has been an independent voter ever
since. Devvy isn't left, right or in the middle; she is a constitutionalist
who believes in the supreme law of the land, not some political
party. Devvy is a member of the Society of Professional Journalists.
Devvy's regularly posted new columns
are on her site at: www.devvy.com. You can also sign
up for her free email alerts.
Today is
my 65th birthday. (Yes, I should get an updated press photo since the
one you see was taken four months before my 55th birthday. But, priorities
vs importance.) I bring this up because when you reach 65, it's supposed
to be the "golden years" in which you allegedly begin to enjoy
the fruits of your lifetime of toil and labor.