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Updated: May 28, 2025
"The 'sentiment," said the market reports, "was bearish"; and the traders, speculators, eighth-chasers, scalpers, brokers, bucket-shop men, and the like all the world of La Salle Street had become so accustomed to these "Bear conditions," that it was hard to believe that they would not continue indefinitely. Jadwin, inevitably, had been again drawn into the troubled waters of the Pit.
And others, and still others, veterans of sixty-five, recruits just out of their teens, men who some of them in the past had for a moment dominated the entire Pit, but who now were content to play the part of "eighth-chasers," buying and selling on the same day, content with a profit of ten dollars.
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