Does the stock market go up and down because of real events in the outside world-government actions, the level of inflation, the earning power of particular companies at a particular time-or does it have more to do with the emotional reactions of investors? As of July 1970, the stock market, which had been strong in the early 1960s, had been lagging inflation for more than four years; as we know in hindsight, not until 1981 would the Dow-Jones Industrial Average match the high it had reached in 1965. This show offers a good, solid discussion of an elusive topic. AS: "And no matter what the next thing is that happens in the market-and there will be a next thing-it too is born to die. The day it starts to happen, its days are numbered. You simply don't know how many days there are."