“History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain I've been noticing similarities between the Great Depression and the current market. Both were proceeded by parabolic ascents, and both had steep tops. The descent from 1929 to 1932 is shown in gray. Key support levels are marked in green. Two laddering strategies are shown with suggested...
I wanna just short everything that moves. junk bonds look like 1929 free fall, when they break first support gonna be ugly. Fed is gonna squeeze us to our knees. if everything so good why junk bonds not mooning lmao. Implode quick (vix 80) to start recovery sooner. bruh this recession can be spotted by blind man. xoxo
ETH under 3k, pattern played out perfectly. ETH under $2150 is this the catalyst to The Great Depression 2? I don't know. But if we get 1 more week down in stocks next week the 1929 CRASH will begin straight after. The world is not prepared for this scenario, but it is needed for the great reset. If it plays out we will only see the real after affects...
DJI is continuing to follow fractal from the "roaring twenties". While it clearly shows that we are about to experience one of the biggest financial reset, we should first get the last euphoric blow of top, sending DJI into 38-40k area. I highly doubt we will go much higher than 40k. Be careful, don't laverage the euphoria, instead think of exiting the market as...
Previous $DJI post had fractals scaled improperly. I fixed those and added trendlines to further compare %'s below a mid-term line of approximate mean. again, not a prediction, just a fractal pattern I noticed.
Simply making a comparison to the time after WW1. We saw two major corrections, before a meteoric rise in the markets. We all know what happened next. The great depression. Now I am not saying we are about to experience potentially one of the worst bear markets since the great depression, I am simply saying that its possible and YOU should be factoring it into...
Just like the rest of the market YFI will take a big ol’ dumparoooni after forming a Head and shoulders pattern
For the record, I am not a lunatic but rather an unconventional sort of outlier-type of thinker. What can I say... other than that I can not help myself from doing so 😁 From current book titles of "Principles for Dealing with the Changing World Order" to symmetrical price patterns, to brief excursions into some possible contrasts from ancient history with...
Stripped the chart down to the 2009-2021 current bull market fibs, and the Great Depression bottom to future top fibs, with an overlay of the DJI chart leading up to the great depression in 1929, with some very stark similarities (outside of covid, and the pullback im expecting here, though we got ahead of the great depression cycle both times to warrant a...
The Great Reset or The great Depression 2.0 is very much a real possibility. This is purely my pessimism and the reason I started trading and have stopped investing. There is so much risk in these markets even fundamental value stocks will be dragged down with this. can anyone even guess at this point where the s and p 500 will be in 10 years?
Folks money can’t continue to print out of thin air to pump stocks forever! This is a warning, we are at the final stretch before our overvalued markets collapse!
On the left is the 3M timeframe which shows a trend line resistance extending all the way back to the Great Depression. Touch 1 = Roaring 20's 1929 Touch 2 = Dotcom 1999 Touch 3 = 2010's Bull Run Touch 4 = 2020 Covid Stimulus On the right we have the 1W timeframe showing a broadening wedge nearing completion. Looks like we are finishing Wave D and about to dump...
Don't listen to those crypto Bitcoiners who tell you Gold is useless metal. Gold is used as jewelry, within microprocessors, and as a means of storing wealth. Last I checked, you can't wear Bitcoin as bling to your friends weekend Soiree ... With the advent of faster computers/robots/ AI that we will see in this decade, I foresee Gold's usefulness increasing...
Where we could end up without the intervening.
Similar broadening pattern to 1999-2024
The stock market is on the verge of an epic collapse set to occur now. The greatest depression in global economies that any of us have or will see is here according to this accurate model. My 'crystal ball' is not based on the quarantined talking heads filling air time with circular-referenced positivity in an utterly negative market. Some loyal readers are...
I'm just going to mention the word great depression. Everything else is self-explanatory. Please don't buy anything. You will lose. It gets bad, but it has to happen. Welcome to 2020 aka "The Big Depression". Save yourself and believe in god. Thank you.