Look At These Trace Charts Comparing Now and 1966

Quote from 99atlantic:

Yes, let's look back at 40+ yr old charts despite the fact the world and economy has changed signifigantly since then :confused:
More...

If you think there's anything new under the sun then you're doomed to make the mistakes of the past.....
 
Quote from Pa(b)st Prime:

If you think there's anything new under the sun then you're doomed to make the mistakes of the past.....
More...

Pabst, very true!

Unfortunately, I have noticed that there are a TON of "newbies" on ET lately that enjoy making broad sweeping generalizations that have no basis in fact, not too mention come from a very poor understanding of the basic "mechanics" of the markets.

Yes, the world has changed.
But the markets are still rooted in psychology and moved by sentiment and perception. - - - Basic human characteristics that will endure the test of time.
 
Quote from ByLoSellHi:

Honestly, I am going all in with some relatively tight stops.

If I get burned, I'd rather have it now, before we retest, and possibly blow right through the highs on a retracement.

I am very worried about corporate earnings and the overall economy, but as long as we have a paper tiger federal reserve, and bullish sentiment, I'm joining the party (with trailing stops).
More...

nice find & research.........pay no attention to that dope ST3.....like someone else said........Tudor Jones template & research is what gave him the courage to go big & flat out clean up.............thanks for sharing.
 
You don't even have to go that far to see self similarities in fractal nature of stocks.
Here's 6mo bull periods of 0ct-Apr last year (transparent) with 6 mo period aug-feb into this year overlaid. See any similarities?
 

Attachments

Quote from dtrader98:

You don't even have to go that far to see self similarities in fractal nature of stocks.
Here's 6mo bull periods of 0ct-Apr last year (transparent) with 6 mo period aug-feb into this year overlaid. See any similarities?
More...

Not like the other chart. I'm not giving it credibility, but the other chart had much more in common than your chart...it was almost exact ascents and descents and only really moderately different in percentage of moves...not direction it seemed.
 
Quote from S2007S:

I didnt think you were bearish hydro,

I would be quite worried about the private equity sector and the amount of debt and leverage they are carrying.
More...

I'm not bearish, not in dollars. Unlike the perma bears, I have a full grasp of the concept of asset inflation and inflation in general.

I can also understand that this market has not really appreciated much if anything. It needs to do 10% a year just to stay even, if not 15%+.

Private equity sector carries no debt or leverage. It's the companies they bought but they are PRIVATE so it's really none of the market's business. The whole scheme needs at least a couple years to fully unfold.

It is different this time, it's more elaborate and multi-step. It's not just a simple conglomerate boom like in the 1960s but there are a lot of similiarities.
 
"You don't even have to go that far to see self similarities in fractal nature of stocks.
Here's 6mo bull periods of 0ct-Apr last year (transparent) with 6 mo period aug-feb into this year overlaid. See any similarities?

Attachment: nassim1.jpg"

Looking more like that overlay. Interesting thing is everyone was so excited by possibility of rate cut, but why aren't they yelling about how a market drop usually PRECEDES rate cuts.
 
You must log in or register to reply here.
Back
Top