On August 17, 1982, the melt-up began very similar to todays action,
jt, the bear market into 1982 was severe, when you ad in the inflation devastation effect, just a few degrees up from the severity of the 30's bear market.
in 1982 the public was out of equities and given up pretty much, we have a long way to get there,
this is not 1982, the best case scenario is a sideways range for years like the 70's.
the worst case scenario is, you know, you've read the dunder free zone, they've been subscribing to that since dow 3000, even a blind squirrel finds a nut.
forget your melt-ups, capitol preservation is key. |
