1987 looks a lot like 2007 take a loook

Discussion in 'Trading' started by WallstYouth, Sep 1, 2007.

  1. yea not gonna be a crash
     
    #11     Sep 1, 2007
  2. "Predictions about the future based upon similarities to the past are worthless"
    Edward Allen Toppel
    Zen in the markets
     
    #12     Sep 1, 2007
  3. whatever dude, history always repeats. those same people will be punished as they have been throughout all of history.

    this is just retardation and manipulation of society. they want all correlations abolished, all reasoning destroyed.. America's own commy-story.

     
    #13     Sep 1, 2007
  4. History doesnt always repeat in the stock market though.
     
    #14     Sep 1, 2007
  5. NY_HOOD

    NY_HOOD

    the similarities are interesting not only due to the price action but the 1987 crash was in october,which is basically another month away.
     
    #15     Sep 1, 2007
  6. right, i heard winter was cancelled this year.

     
    #16     Sep 1, 2007
  7. BJL

    BJL

    first of all it doesn't look like 1987 untill we unsuccesfully retest the recent lows and then break below the mar lows.

    secondly... look at the attached file and wonder where are we now with the S&P500?
     
    #17     Sep 1, 2007
  8. I'm surprised Toppel would say such a thing. It's a super ridiculous statement. Most every action we take is somehow tied to another life experience. Even when we're doing something completely new, we're bring to the table biases, skills, phobias that are as old as our first breath.

    Hence, markets being organic they will repeat. Boom bust. Time after time after time.
     
    #18     Sep 1, 2007
  9. Much more upside ahead. No way in hell there will be an 87' type selloff.
     
    #19     Sep 1, 2007
  10. Well said.
     
    #20     Sep 1, 2007