Showing posts with label Black Monday. Show all posts
Showing posts with label Black Monday. Show all posts

Thursday, 1 July 2010

1987 _ 2010

I am going to hate myself for doing this.....Here goes anyway.


There you go, I've done it...... In truth I've seen a fair few of these charts over the years comparing this period, and that period with the period pre-Black Monday 1987, and they have never ever worked out.... However.................-Nope I'm not going to say it,, lets just see what happens.....

-- Note : There are some differences:

1) 1987 started at the top,,, this comparison starts at the interim top which occurred after the Flash Crash......
2)1987 was amidst a strong bull move. 2010 is occurring in what I believe is a post-'bear market rally' phase.
3) The Wall Street movie indicator does not suggest a crash until late September -
See this link.

AlphaMind podcast #107 A US Navy Seal Commander, A Mindfulness Expert, and Self-Compassion

In the brutal world of trading and markets, we can often turn in on ourselves, and end up becoming our biggest problem. The ability to stay ...