The Monthly RSI over the last few months went higher than 97 and 08! The yeild curve inversion. The Turkish Lira collapse along other fiat currencies. Unemployment is low. Very soon we will see a sharp market downturn. In the chaos I believe we will see that the bank bailouts from 09 will have only postponed the issues. This may be the biggest financial disaster we have seen in our lifetimes.
This is an interesting idea, thanks for the long-term outlook. I see you're expecting a secular bear market to last for 3 years.
I think that is certainly possible and of course no one knows when it will kick off, but this week sure looks beary shaky already . Good luck!
The_Unwind
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Thank you for your observations.
It certainly does seem like a early warning of something big.
See my posts with similar ominous forebodings to come.
THE_UNWIND
DaddySawbucks
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@The_Unwind, I'll be loading up on puts Monday. IDK about 15600 on Dow thats pretty pessimistic, but anything is possible.
Sand P made a double top already and Dow has not yet in part because of share buybacks diluting market cap on shares outstanding. There's just less of it now. GL!
I think that is certainly possible and of course no one knows when it will kick off, but this week sure looks beary shaky already . Good luck!