“October.      This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” Mark Twain, The Tragedy of Pudd’nhead Wilson, 13, 1894 Why did Mark Twain pick on October first, 35 years before the big crash?  Was he a [...]

“MY ONLY SOUND REASON FOR BUYING A STOCK IS THAT IT IS RISING IN PRICE .  IF THAT IS HAPPENING, NO OTHER REASON IS REQUIRED.  IF THAT IS NOT HAPPENING NO OTHER REASON IS WORTH CONSIDERING.” Nicolas Darvas, Wall Street: The Other Las Vegas, New York: Kensington Publishing,1964, reprinted 2002, p. 134. Actually, Darvas (who [...]