It makes me nervous that no one dare to predict stock market crash again this time. Why you guys are so modest?
I understand 4700 is a big target for JD because he is in and out in any minute and any point. It is a long long way... (JD, don't think it wrong way, we need you here)
What about the 1929 to 1932 crash? and 1987 crash? Or I forget 911 pattern proposed by Volt wrapped with "mini".
Cautious is the theme. It makes me thinking....
To find the right pattern to mimic is not a easy task. I still like 2003-2004 pattern. So far the most correlated pattern. Not only chart-wise, but the cause of the pattern-- that is: the easy credit.
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Shanthar Pathmanathan, MD
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