second wave down since gfc about to start, page-13

  1. 17,289 Posts.
    lightbulb Created with Sketch. 511
    Hey Crisstoff, at the risk of having crossed conversations on this thread (FA and TA views).....

    ......that first dive from Oct07 to March 08 was a very unpleasant experience and a bit emotionally traumatizing. Obviously it would be best for your health to avoid that first multimonth dive.....but should you find yourself with a full hand at a march 08 type low, then it is some consolation to know that maybe all is not yet lost.

    But of course this is all just a scenario as I am not necessarily endorsing Craig's view. History suggests a multi year sideways market from here with some hair raising dips followed by recovery....ala the 1930s and the 1970s
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.