Hi Matt / Steve. Will you be doing a review for the global
indicies soon ? You have mentioned the main indexes going
vertical/parabolic/steep for the USA markets. In 2022 likely a
consolidation. Do you ever see a 2008 type blow up ? It would be
good to avoid this type of severe drawdown. I will be a bit more
active here as currently all funds are in those crazy crypto's
One way to prevent such a drawdown is to avoid being
concentrated in one asset class, many crypto holdings have zero
intrinsic value so make sure you adhere to your plan.
as far as a 2008 meltdown, I mean anything is possible and we've
been in this grand experiment with the Fed, so anything goes.
that said just based on a pure speculation based on the secular
cycles they would say no, we'd have more of cyclical bear markets -
though they could last a year. Realize this is pure academic and
assumes the past cycles will repeat. Here's video I did about
this 5 months ago. Still though the Feb/Mar 2020 time should remind
folks to keep an exit strategy in mind, that was a 30% to 35%
correction in 1 month, while not as deep as 2008, the pace of it
was greatly accelerated
Hi Matt / Steve. Will
Posted by sham22 on 23rd of Nov 2021 at 11:13 pm
Hi Matt / Steve. Will you be doing a review for the global indicies soon ? You have mentioned the main indexes going vertical/parabolic/steep for the USA markets. In 2022 likely a consolidation. Do you ever see a 2008 type blow up ? It would be good to avoid this type of severe drawdown. I will be a bit more active here as currently all funds are in those crazy crypto's
One way to prevent such
Posted by steve on 24th of Nov 2021 at 07:14 am
One way to prevent such a drawdown is to avoid being concentrated in one asset class, many crypto holdings have zero intrinsic value so make sure you adhere to your plan.
as far as a 2008
Posted by matt on 24th of Nov 2021 at 12:34 am
as far as a 2008 meltdown, I mean anything is possible and we've been in this grand experiment with the Fed, so anything goes.
that said just based on a pure speculation based on the secular cycles they would say no, we'd have more of cyclical bear markets - though they could last a year. Realize this is pure academic and assumes the past cycles will repeat. Here's video I did about this 5 months ago. Still though the Feb/Mar 2020 time should remind folks to keep an exit strategy in mind, that was a 30% to 35% correction in 1 month, while not as deep as 2008, the pace of it was greatly accelerated
https://youtu.be/tBhd_KxXM9A?t=28
and here's the chart link
https://schrts.co/RAQfmFcW
hey Sham - yeah it's
Posted by matt on 24th of Nov 2021 at 12:28 am
hey Sham - yeah it's been a while, I'll make it a point to do a newsletter on them soon, maybe over the weekend