in the 87 crash, highs in the broad market was august. then sell off then rally to lower high i put a big futures short and a small miner long position . the miners got killed. if there is a broad market crash . gold/miners will take it on the chin the margin clerks go for liquid assets. on that it seems quite clear to me. we could be in a crash window. and i see a black----day in may
dharma
Spooky how much AI last 18 months looks like Oct 98 Mar/Apr 2000
Was quite the trip down after the break in April 2000....but some huge swings after the initial break.
Pretty sure today was that initial break, so time to start selling any vicious bounces once this wave is done.
Here is the 2000 top...NVDA SMCI etc somewhere along the path in April.....
Although not ruling out massive crash just yet like 87, this setup is a bit different, as the 87 crash occurred on the breach of the 200 day.
This one is more likely just to make it 200 day on a brutal first wave down perhaps... like Naz did in 2000
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy