Market History in July

Do you know that in the big market panic of 1907, J.P.Morgan personally implored Livermore to stop selling-short, stop pounding market into oblivion. Livermore himself made 3 million dollars in that panic. It was on October 24, 1907…when there wasn’t a single bid for all stocks in the market! Think of it! Imagine if it happen this day…:)

Note : For my audiences, see also the others interesting topic next month. I will post the series of Market History on monthly basis.