Take a look at this 20 year chart of the DOW:
Now take a look at this (all data), looks pretty extended:
Joined Jan 27, 2008
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looks like if we overshoot a bit, we could see the 7500 double bottom before this is all over – ok, what’s the plan for Tues?
SRS all day.
Cramer will go down as the biggest dumbass in history with his bottom calls
The Fly +1
Danny +1
DXD anyone??
Just my opinion, but when this is all over, it might be lower than 7500, and that might be the least of our problems.
mother of all double tops in the SPX 20 year chart??!!
SPG…sell it to the cows come home…wake up sell SPG…buy the fuck out of SRS…been calling this explosion for a while
That logarithmic scale chart makes the 1929 crash look very very scary compared to what is happening now.
And the 1907 Crash, hardly even looks like a crash.
When you look at it like that you can easily see how we could have much worse to come. So far it is a blip on that chart.
One has to have a little chuckle at the Elliot Wave Theorist who would tell us we are in the C wave.
I’m liking AAPL here 😛
How’s that BTFD list looking now????