It will be the biggest crash you have ever seen or will likely ever see as fifth wave will complete a primary wave 1 and typical wave 2 will crash anything from 61.8 percent to 100 percent and I'm not just talking about from Covid lows but going all the way back to S and P 400.
The solace for you young fellas is once it crashes primary wave 3 will start and exceed ATH so potential 20 X from lows although it could take twenty to thirty years but anyone investing then in dividend paying stocks will have a very healthy Superannuation.
Chart - Z1P, page-15184
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$2.75 |
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