No Panic on Main Street = Crash Soon?

[Lucrum]

Quote from tradingjournals:

Rewrite his question in your words - you may however not include insults.

Did you take your meds today?

 

[tradingjournals]

One cannot correctly answer a question that one did not understand.

 

[Lucrum]

Quote from tradingjournals:

One cannot correctly answer a question that one did not understand.

I wasn't answering his question, I was explaining why it was a misinformed question to begin with.

 

[Trader666]

Well your macro call that you made a little over two years ago (which you also said was based on 53 years of trading) didn't pan out and I doubt this one will either.

Quote from jack hershey:
09-01-09 08:09 PM

As a trader for 53 years, this turning point tomorrow is the most significant I have seen in my life.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2560747#post2560747

Quote from jack hershey:

There is another 10 to 12 years to go.

Within that frame of reference there will be four additional volatility expansions.

I am speaking from the reference of 53 active years of successful trading and not statisticulating.