Momentum is still too strong for a crash right now (in my opinion) but once the momentum starts to fade, then anything can happen. The trick is to not fight a strong trend (in this case, an uptrend) expecting a crash. Allow the market to tell you when a crash (or orderly decline) is likely to occur.
thanks for posting that article. I didn't realize the similarities in the fundatmentals was even more obvious on the charts.. It doesn't necessary mean history is going to repeat itself, but it is a cause some concern..
Many thanks to you (vegasoul) for these informative charts. Do you like vega? Are you an options trader??
the dollar is not 'plunging' or 'going to hell.' it's near the bottom of a 10 year range. the cost of money is lower now than it has been in a very long time. the world and this nation with its business and moral leadership and innovation are on the cusp of one of the most remarkable periods of growth it's ever known. we are in a war with several fronts, real threats and real risks. if we remain united against our enemies, we will see victory and prosperity. Two thirds of the world is longing to enter the 21st century, to live free and productive lives. We owe it to them to lead them in. In doing so, we all prosper.
yeah..that's the american spirit.. the sort of naiveness and optimism that I like about americans.. I especially like the part about "business and moral" leadership.. you must be refering to enron , bush administration and how everybody in the world is rip-off by greenspan and his banker friends..you also fogort to mention the global leadership in weapons of destrution , gun ownership and crime rates.. but come to think of it, without the support from patriotic and faithful people like you, they wouldn't have succeded in their endeavors anyway... p.s. my nick comes from the obscure techno band, vegasoul, really special..ain't it?