Extracts:
- Dow keeps climbing.
- Large rally without accidents of more than 20% (short lived) can last 4 to 13 years and be of 250/600%.
- There has been 6 accidents in the upside trend.
- Those accidents last less than 3 years without major rebounds bringing back close to top.
In essence:
I think we are close to a reset of 10% followed by a reset of 20% but the rally could easily pursue if the world climbs the wall of worry which it does eventually....
At some point in the future, the world will have to deal with the debt bubble - that may be the crash of a life time.
- Dow keeps climbing.
- Large rally without accidents of more than 20% (short lived) can last 4 to 13 years and be of 250/600%.
- There has been 6 accidents in the upside trend.
- Those accidents last less than 3 years without major rebounds bringing back close to top.
In essence:
I think we are close to a reset of 10% followed by a reset of 20% but the rally could easily pursue if the world climbs the wall of worry which it does eventually....
At some point in the future, the world will have to deal with the debt bubble - that may be the crash of a life time.
