Maybe I'm wrong but people are still not greedy enough for this market to crash. Everyone is expecting a crash and hence it may not happen as usually this happens when you least expect it or when you think the stock market has more to climb.
One thing that looks like will crash is bitcoin as everyone is now a crypto expert and invests in bitcoin. Everywhere you go people are buying into bitcoin and are experts (plumbers, taxi drivers, students, etc..). Stock market is not like bitcoin yet.
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- Lessons from the October 1987 crash
Lessons from the October 1987 crash, page-191
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