This is downright scary! Stock Market parallels (government, 2014, history)

[volosong]

Lord help us.



from:

Scary 1929 market chart gains traction - Mark Hulbert - MarketWatch

[T-310]

Not shocking at all.

Anything is possible with an idiot in office.

[Finn_Jarber]

Originally Posted by volosong

Lord help us.

from:

Scary 1929 market chart gains traction - Mark Hulbert - MarketWatch

Lord help us if DOW hits 13 500....... Why?

[CravingMountains]

End quantitative easing! No more government propping up our fake stock market.

[emcee squared]

I would have waited until it all played out before making such a graph, because if the market doesn't fall 2,000 points, many people will look like idiots for attempting to correlate the 1920s to the 2010s.

Also, the crash in 1929 cause the market to lose nearly half its value. The 'scary parallel' is nowhere near as scary.

[pknopp]

Originally Posted by Finn_Jarber

Lord help us if DOW hits 13 500....... Why?

It needs to fall a little further than that to pop the bubble.

[Finn_Jarber]

Originally Posted by CravingMountains

End quantitative easing! No more government propping up our fake stock market.

They are tapering it, and just today they said they will keep tapering. DOW jumped 200 points.

[Finn_Jarber]

Originally Posted by pknopp

It needs to fall a little further than that to pop the bubble.

I think it will fall below that some time soon, and it will be called a "correction", not a "Lord help us" situation.

[Hyperthetic]

Sell! Sell!

[HappyTexan]

There are some that say history is cyclic and not linear and actually repeats itself.