I am a 12 year old kid with a dream to suceed in the Stock Market please give me some advice or inspiring quotes in the comments
Between 1918 and 1919 there was the "forgotten market crash" in which the stock market declined by over -50% and corporate earnings declined by OVER -90%. This year can be compared to 2020 since there was a pandemic in those years.
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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...
Cycles can be identified by a curved rise, then a large pullback back to the average, dipping below the average, reclaiming the average, then dipping below again, and then reclaiming, then the next cycle begins
Cycle 3 in progress
Jump on the train while its hot "roaring 20s"
Looking for the 11000% increase before the fall occurs
Purgatory possibility is there...
We're already in the midst of record runs in the equity and commodity markets but as bubbly as it seems, its not over.
We are in an environment that not many people are familiar with. The last time Growth and Inflation on a global scale were accelerating as fast as they are now was immediately after World War 2. Previous commodity cycles were sparked by 1 or 2...
