2021 is like 73s. let's see how this play. if it went well, buy dips at bottom if you can.
1. The four most expensive words in investing are: 'This time it's different. '” So said Sir John Templeton, the legendary investor and mutual fund pioneer. The phrase contains tremendous wisdom, but only if you truly understand what it means. ... “This time it's different” has become a ubiquitous phrase...
2. we will see increasing inflation & Covid case worldwide rising this year. they printed many trillions for check stimulus also fourth stimulus check again? also seems coronavirus won't go anywhere. you can see that Covid cases is still rising on worldometers site. Imagine 1-10 million cases daily? it's not great for economy & stock market. seems vaccine is still processing but not completely at all.
3. some investors will say " dollar is in bubble but stock market won't go down" they say same thing in 73s. that's not how this works. dollar inflation makes stock market volatility & shock..
4. The Buffett Indicator at All-Time Highs Is This Cause for Concern?. it shows 223% radio of market value GDP, 79% higher than long term trend line not internet bubble. seems too higher.
5. 2021. many poor & middle bought stocks & meme from check stimulus while rich people buying at same time. this doesn't age well. "BUY, BUY, BUY" poor getting rich, rich getting richer? nah. that's not how this works. 2008 & 2020 was different because market was bottom but 2021 Is top not bottom. that's why. Illuminati stays. in 2030, we will see 0.1% top getting richer ever while poor & middle bottom.
my prediction could be wrong or right. Thank you. Sorry For My Bad English. Enjoy.
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Finally we reached $4000. $4200 around is maximum, then we go down likely, 73s top was $120.
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BREAKING: elon musk asked cathie wood about the buffett indicator flashing red. the ark invest chief explained why she isn't worried.
The other thing that scares me is leveraged funds. Margin use is being leveraged at all time highs (investopedia.com/margin-debt-reaches-new-high-5093761 . If things do start going south, say 10% drop, its going to open the door for a much deeper fall just based on margin calls alone. Just how I see it anyways.
candlestickninja
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good find! that was one of the crashes i referenced in the past, i said if you go back and take all the meaningful crashes to the 70s (probably earlier) you got, 73-75, 87, 99, 2007/2008, then ?, so lets take the approx time gaps: from 73-74/75 is about 13 years, from 87 to 99 is about 12 years, from 99 to 2007 is 8-9 years or so, then from 2008ish to present is 13 years, so is there a reason that we are more special this time and will extend to 2030 like many of the exuberant propose (or hope I should say?) simple fundamentals and business cycles, it is inevitable and IMO imminent
altinAdam
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Great observation of similar pattern playing out!
Bearishness
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@altinAdam, yeah coincidence! let's see how this play! thanks 🙏