Sometimes one needs to take a step back to see the bigger picture on what is going, to learn from the past and start making plans of actions on what to do next ✌ 1929 Crash (Wikipedia article) en.wikipedia.org 1987 Black Monday Crash (Wikipedia article) en.wikipedia.org(1987) 1999-2000 Dot-Com Bubble (Wikipedia article) en.wikipedia.org 2007-2008 Subprime...
Well if there was ever a time when to expect a crash, then this would be it. The market expects the incumbent to win, but if not then it may panic. This would be a similar move to the 1987 crash. Most do not seem to be expecting this type of move at this time. The VIX is also saying huge moves coming up and there is a similar fractal to the 1987 crash supernova.
I remember back in 1987, I was so sure that the market was going to crash that I sold all my stocks, except some gold stocks, and went off to the Dominican Republic for three months. I was so sure that something bad would happen to the banking system and the markets would flood to gold as a safe haven. Back in those days, living on the beach in Cabarete, there...
In July of 1982 the S&P 500 bottomed and began its next bull market. It made a parabolic attempt in 1987 but was smashed down. Notice how orderly and well-respected the 13-year rising trendlines were. The SPX then made a 2nd parabolic attempt in 1995 but this time it was successful and lasted for 5 years. I'm sharing these analyses of previous parabolas in the...