"… searching through my office the other day, I came across a set of tapes from the Chart Seminar dated......May 1988!! I couldn't wait to play them and hear what you had to say about market conditions and potential following the '87 Crash. Well, I must say it was very impressive, when all around including many at the seminar, were expecting a second leg down, you were correctly calling the end of the bear and the tremendous potential there was for a new long-term bull market. I think you'd find the tapes very interesting assuming you don't already have them in your archives."

David Fuller's view Market calls are easier following a crash because once people panic and sell, supply is greatly reduced and valuations much improved. Also, governments panic following stock market crashes and flood the system with liquidity.

Subscribers are able to read all about that fascinating chapter in the manic-depressive behaviour of crowds, including the pre-crash build-up, not in a glib summary written after the event but as it unfolded at the time. I'm posting historic monthly issues of Fullermoney on Friday's and the next one will be FM14, End June 1985. The bull was pausing for breath before its next big charge.

Shades of Nixon, I taped everything for a while but the microphones proved to be a distraction for delegates and recording bumped up the TCS fee. I do not have a copy of the 1988 tapes, and that would be a nice one to have, if you can spare it. I have a reasonably good recollection of events at the time and imagine that Japan was leading the way back up. How things have changed for that unfortunate country but the point is, while all eyes were on Wall Street other stock markets were already revealing the post-Crash trend.