(RR We Love You, Get Well
Richard Russell snippet
Dow Theory Letters
Posted Nov 2, 2011
November 1, 2011
The following is from Mr Russell:
I'm dead tired. I'm looking for any excuse
to get some rest. I take a shower, I slip on the soap suds below.
My body comes slamming down to the floor. I can't lift my left
leg at all. Something is obviously broken. My assistant calls
for an ambulance. I'm delivered to Scripps Memorial Hospital
in La Jolla. I have broken my hip and that same day I have a
complete hip replacement. For three days I have post-surgery
psychosis. I don't know where I am, I can't read newspapers,
I have trouble recognizing anyone, including my children. On
the 4th day I am lucid and sane once more. Meanwhile, the market
is almost as chaotic as I am. Nothing really makes sense. A thousand
stories and opinions invade the media. My own thinking is that
the solution to this international mess is going to take years
and the result will be a lower of standard of living in the U
S. The idea of making money under our capitalistic system will
change. The new focus will be how to avoid losing money. The
new normal will be living on a survival scale. It will be slow
Richard, please get well soon.
At 87 and with a broken hip you are far more lucid than the group
claiming to be financial analysts.
We love you.
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