whooshka ... a new global epoch ..., page-49

http://stockchartist.blogspot.com/2008/10/lessons-from-past-crashes-and.html


Lessons From Past Crashes and Recoveries Out of Them


While no two Bear Markets are exactly the same, the ebbs and flows of investor psychology seems to be fairly consistent and reliable, sort of like a pendulum swinging back and forth. The higher you swing the pendulum one way, the farther it swings in the opposite direction. Something else you can count on is that the herd usually takes three lurches followed by a clear and noticeable pause (recovery) as it pushes through a Bear Market. I know it sounds overly simplistic but that's what history teaches.

Let's take a look at two powerful previous Bear Markets:

2000-2003 Tech Bubble Crash

1973-74 Oil Embargo Crises Crash


And what about this, the 2008 Credit Crises Bear Market Crash? This crash is eerily similar to the Oil Embargo Crash of 1973-74




Lessons from past crashes and Recoveries out of them