As long as we are talking magazine covers this morn, I am still waiting for someone (anyone) to find this (previously mentioned here) August 13, 1979 Business Week magazine for me:
click for larger graphic
Many thanks to Paul for the photo
(Does this mean you have one?)
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. —Jesse Livermore
Following the essentially in line NY manufacturing survey, the Mar Philly manufacturing # was also about in line at 18.9 vs expectations of 18 and up from 17.6 in Feb. The components were mixed though. New Orders fell to 9.3 from 22.7 but follows a 3.2 reading in Jan. Inventories went negative again to -11 from +3.2 in Feb and is below zero for the 29th out of the last 30 months. The positive was the Employment component which rose 1 pt to 8.4 and is at the highest since Aug '07. Backlogs rose 2.6 pts but were still below...
read more »
March 24th, 2005 at 10:50 am
No, I don’t have one. We do have the issue in the library next door to our offices, and I happened to be there briefly … so I scanned the cover.
March 25th, 2005 at 3:24 pm
Maybe you ought to suggest to the library that they might consider selling it. Of course I have no idea what someone would pay for it.
May 5th, 2009 at 10:27 am
[...] the beginning of that 18 year long Bull market, equities were despised, bond yields were high and P/E ratios were single digits. History does not repeat precisely, but [...]