The market has been down around 55% from the top. If the history can be any reference, it is in the time of April 24-25, 1931. If you look at the chart from April 1931 to the bottom July 1932. This is the top of the market in next 2 years. It didn't reach the same level until Nov, 1937, which is about 5.5 years. So I think from now on, no longs. And short when ever the market goes higher.
No comments:
Post a Comment