Wall Street In Crisis

September, 1962

Wall Street in CrisisThe Anatomy of Market Cycles, of boom and bust, of Shrewd Manipulation and impulse trading -- and how to understand and Capitalize on themOn Monday, May 28, 1962, prices on the New York Stock Exchange crumbled rapidly before an avalanche of sell orders. The Dow-Jones industrial average plunged nearly 35 points to register its biggest one-day drop in over 32 years. Crashing through the 600 level for the first time since 1960, it hit a day's low of 576.93.By the end of the day...