Hi David,
Yes, I have apparently been napping, but it is the summer, and, I have to have priorities.
As I sit down to analyze the situation, I would appreciate it if you could list the previous times that the titantic syndrome kicked in.
There is also a modified titantic syndrome article by Dennis Meyers; any specifics would be appreciated if you know them.
Before you get carried away with the end of the world, build a bunker in your backyard thing, take a look at the start of the 23 year up, 17 year sideways downwards cycle. The last one, prior to the one that started in 1982, started in 1942.
That would put us somewhere in the 1957-58 time period.
The resemblance is uncanny, including the smash of 1946, which equates to 1987 and other things, which I will expound on later.
This has happened before, it relates to cycles of birth, life and death, and it is, I think, an inalienable cycle.
There are a number of factors that make this market quite different from other time periods; I am going to try to adequately explain them over the weekend.
Vitas |