The attached article contains some interesting information about a theory regarding why equities may be due for a crash upward, rather than down.
It presumes the bond market is dead, and about to implode, and presumes all of that cash has to go somewhere.
Sort of reminds me of the Dow 36,000 or whatever, prognostication back in the early 2000's, after that equity crash.
http://www.thedailyb...quity-Crash-Up/
Personally, I'm agnostic about the entire market. There are other more fruitful places to put my money, including continuing to build out my own business. There are simply too many crooks in the start up venture business arena, and the vast majority of publicly traded businesses are beyond corrupt, as is this government.
This is an interesting chart also. Two megaphone patterns on the SPX. One long term, one short. The breakout above, and then back down could be a ominous and ugly development for the bulls.
http://trader-moe.co...ignificant-top/
Crash up ?
Started by
nimblebear
, Oct 13 2013 09:33 PM
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