While the mention of another crash is still a taboo subject (and
draws the scorn of bull market fans), I mention this possibility
because of a few factors. 1) we have crashed in EVERY year of
the last four years. Not having a crash this year would be
bucking the trend. 2) the fundamentals that were in place for
the last four crashes are arguably WORSE now than ever. 3) we
are very oversold right now. crashes happen from extremely
oversold levels.
2012 crash on deck?
Posted by kalinm on 23rd of Apr 2012 at 02:08 pm
While the mention of another crash is still a taboo subject (and draws the scorn of bull market fans), I mention this possibility because of a few factors. 1) we have crashed in EVERY year of the last four years. Not having a crash this year would be bucking the trend. 2) the fundamentals that were in place for the last four crashes are arguably WORSE now than ever. 3) we are very oversold right now. crashes happen from extremely oversold levels.
thanks for the reminder..
Posted by morton13 on 23rd of Apr 2012 at 02:12 pm
that crashes happen from the extremely oversold levels....it sure feels and looks that way....something is up...