Slick Irons

Twin Charts Separated at Birth

Good Point and Comparison ! Now, compare the current chart for the NASDAQ and the Dow of August 24, 1938.


Amazing Parallel !!! As Santayana observed, "Those who do not learn from History, are condemned to repeat it."

Market Struggle at 50 Day Moving Average, Again

This bear market has ended for now. Expect a 5% correction, followed by a 7% bounce. Then, I foresee an 8% correction. Lastly, I envision a tremendous 34% rally, in short order.

Then...the BEAR re-emerges from his winter's hibernation, to wreak havoc on the world's equity markets.


At least, that's what happened Seventy years ago...



Slick