Current Recession Is Tracking the 1930s Bear Market [View article]
You are not reading the charts properly. When taking into account the drop from Peak to Hopeful bottom at 666 on S+P that would put us at the bottom on the 30's chart. We are at the point where the recovery has occured and now we go back and make a successful higher low. Then there is a 5 year major recovery on the way! Based on the charts you have presented the market has already bottomed and a simple re-test is on the way. And if history repeats itself as you have presented, investors should buy aggressively on the pull back we are in. By October/November of this year, one of the greatest bull runs may be on the way.
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You are not reading the charts properly. When taking into account the drop from Peak to Hopeful bottom at 666 on S+P that would put us at the bottom on the 30's chart. We are at the point where the recovery has occured and now we go back and make a successful higher low. Then there is a 5 year major recovery on the way! Based on the charts you have presented the market has already bottomed and a simple re-test is on the way. And if history repeats itself as you have presented, investors should buy aggressively on the pull back we are in. By October/November of this year, one of the greatest bull runs may be on the way.
May 17 08:50 am
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All Comments by D Lesh »Current Recession Is Tracking the 1930s Bear Market [View article]
Great article!
David
Miami, FL