And then, as now, stockbrokers were consistently over-optimistic: price dips were seen as great buying opportunities, and brief rallies were hailed as the resumption of the inexorably upward bull market.

ECONOMIST: Wall Street crash

"I thought I'd be the one saying (to the children), 'You need to go back with grandmother, ' " she said, "I'd be visiting once a week instead of dedicating myself to buying diapers, " she said, allowing a brief laugh.

CNN: Economy sends more kids to grandma's house

"The North Korea risk has never before succeeded in reversing the Korean stock market's course, other than brief pullbacks, and every such pullback was a buying opportunity, " Daniel Cho, head of research at Daishin Securities said in emailed comments.

WSJ: Wall Street Strength Lifts Asia Markets

Duffy started with a brief, emotional burst about his Chicago roots--and the fact that buying a condo in town couldn't buy Sprecher citizenship.

FORBES: Up From the Pits