1929 vs. 2008

Discussion in 'Technical Analysis' started by Pekelo, Nov 17, 2008.

  1. A sample size of one comparison is statistically worthless
     
    #11     Nov 18, 2008
  2. Tums

    Tums

    You should overlay 1987 on it as well...
    you might come to a different conclusion.
     
    #12     Nov 18, 2008
  3. =======================

    True & a good stat point.
    And bear market downtrends[1900-now ] ;
    provide plenty of good reasons that trends are friends .

    Not a prediction;
    surely not an exact prediction:cool:
    ==================================

    And while we have FDIC now, food stamps, extended-employment insurance, they didnt have those in 1929 .

    But on the downside;
    we have much more concentrated /fragile food & fuel systems, ---------------------------------------------------------------------------------more bear data,
    war & weather, are bigger threats,
    ''victim/panic promoting media'' are a bigger threat.[They hyped global cooling in 1970's, CNBC called bird flu a epidemic years ago, possible, but highly improbable.................]

    Good news is global warming is not a threat;
    but bearish ,because mr McCain ,Mr B Hussein think it is .High taxes or tariffs surely accelerated 1929..... downtrends, but actually do not necessarlly believe the $240 k tax increase is a done deal-yet,LOL:D
     
    #13     Nov 24, 2008