Roosevelt closed all the banks in the United States for three days - a "bank holiday." Some banks were then cautiously re-opened with strict limits on withdrawals. Eventually, confidence returned to the system and banks were able to perform their economic function again
(this is the sentence i find interesting ). wait for the crowd to stop milling ?
panic dont pay
actually in 1929 if you bought at the bottom you would have made a killing up till about 1931 ::)
1929 was mass panic it then rallied and hard ,almost back to where it started the drop .held ok for awhile then over the next few yrs fell :(
simmillar but different imo
that said im only a mug punter so read the disclaimer
