The retracements are standard for bull, bear, financial recession and/or depression. these thigs are standard.
But the REASONS for those depressions and recessions do not currently exist. It all comes down to a basic principle. Posit...
Dude, you are talking about the world economy crashing to 1929 lows. Don't you realize why that cannot happen?
There you go again with the same misrepresentation. Who said we are going to crash to the 1929 lows? I didn't. I ssaid 2009 lows and possiblly 1987 zone ........... far cry from 1929
This is exactly what was said in such the same way and in equal disbelief at the Oct 2007 Top. At stellar tops its always virtually impossible for the HERD to see it any differently than just bubbblicious
Maybe I misinterpreted. https://www.elitetrader.com/et/thre...january-2022-over.368888/page-38#post-5657836 Anyways, man, where is the true low over the next 100 years? If you invoke the Great Depression's low's from 100 years ago in your analysis, then you must provide us with a prediction that matches this analysis. Otherwise you are pointless.
If you don't have a stash of cash in low denominations and coins at home ............. you will be scrambling for grocery money when the machines stop working.