RE: Bubble Update: Stocks Are Now at 1999 Bubble Levels (Guess What’s Next)

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Bubble Update: Stocks Are Now at 1999 Bubble Levels (Guess What’s Next)

in money •  7 years ago 

Do you know how many articles have been written predicting a crash over the last 8 years? Do you realize that everyone of those articles have been completely wrong? Do you realize that 90% of the archived crash articles can no longer break even due to the latest up moves in the market? Have you heard of decay, contango, tracking errors, and standard deviation? Do you understand that these forces reduce your chance of breaking even when you predict a market crash? Do you know that 3 market crashes in a 20 year window has never happened before? Do you know that the great recession was an event that only happens once every 77 years according to the past records? This is crash prediction number 12,488,473,884 online compared to the 15,743 bullish articles written over the last 8 years. Can anybody say "Click bait?"

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I do hope you are right but sadly I think you are wrong.

Sadly, I am talking about what has been happening in the past and past history cannot be proven wrong.

Time will tell