The Spooky Echoes of '87

[traderdragon2]

Markets have changed dramatically since 1987. Means nothing. No correlation.

 

[dont]

Quote from mokwit:

Markets are at their most alluring stage when they are also at their most dangerous stage and you are at your most complacent from too many easy profits.

Follow a web board all the way through they cycle and you will see when the wall of worry that applied all the way up crumbles literally overnight into euphoria and the end follows shortly.

Exactly climbs a wall of worry.
And when everyone believes there is nowhere but up, thats it a huge move down.

 

[michaelscott]

In this chart, would you say the DJIA looks more like the 80s-90s or the 70s?

 

[dtan1e]

a crash will only come when u hardly notice it, if u r feeling jumpy it means its not there yet