The comming crash

Totally overbought S&P 500 soon about to reach psychological super level 2000:
https://www.zerohedge.com/news/2014-06-20/its-never-different-time-1987-or-2014
😲

Alexander Elder also waiting for crash to happen soon:
https://www.marketwatch.com/story/this-stock-trading-pro-sees-bearish-parallels-to-2007-2014-06-18

k4y

I think a crash is the least of our worries.

KayS posted:
Totally overbought S&P 500 soon about to reach psychological super level 2000:
https://www.zerohedge.com/news/2014-06-20/its-never-different-time-1987-or-2014
😲

Alexander Elder also waiting for crash to happen soon:
https://www.marketwatch.com/story/this-stock-trading-pro-sees-bearish-parallels-to-2007-2014-06-18

k4y

Remember that on market there are always 2 possibilities - up or down, and always every of this positions is already placed by some investors :) So, for one crash is bad, and for another is good.

Regards

@adrian8891

So my parents pension fund has which direction... ?

Most people get burned in crashes.

While we're at it, quick history lesson, see if you can spot something familiar:

https://www.businessweek.com/magazine/content/11_18/b4226012481756.htm

TheCyclist posted:
@adrian8891

So my parents pension fund has which direction... ?

Of course 'non crash' ;)


To be serious, history is history. In nowadays we have situations where a good times 'boom' is extended for a very long time. What causes also very big crashes. Short history in 2008 shows that.
Each speculative bubble bursts much too late, but thanks to many people earn much on the stocks of these companies. As you say, the subsequent impact with the ground is huge and drastic.

@adrian8891

We'll you're right about that, history is history, and it's about to repeat itself, again. We're about to experience the greatest depression in human history. It will probably lead to WW III. Like last time.

There's going to be very, very few winners in the near future.