Australia's largest stock trading and investment forum Australia's #1 stock forum

One difference, perhaps balanced by easy computer access...

First 48 Last

Share
Profile

Follow
pmd3nka

3,755 Posts.

22

20/03/20

09:35

Post #: 43598504
Share

Originally posted by paddington bear: ↑

@bossivic - my long term chart is rather large - hand drawn so hopeless trying to reduce it down to fit. But why I keep referring to 1929 is more than just that exact moment but the build up into that top which had many similarities with how the New York market had behaved over the last couple of years. Then the clear break and a very sharp fall with again similarities as initially no belief in what was happening (the world had changed with the virus). But where we are starting to differ a little is the fact that we haven't been able to mount any sort of decent rally. Just history repeating itself to me. Now I have no idea whether I am right but just to many similarities to ignore. And history does like to repeat.

Expand

One difference, perhaps balanced by easy computer access mentioned by a previous poster, is the much higher margin usage in 1929? Or would people consider CFDs take up that slack?
1 Upvote

Reply

There are more pages in this discussion • 31 more messages in this thread...

First 48 Last

SPONSORED BY