4.1 C
New York
Wednesday, February 21, 2024

Chart Of the Day “Today´s Rally vs Rally 1929/1930”

Chart Of the Day "Today´s Rally vs Rally 1929/1930"

Courtesy of Jan-Martin Feddersen at Immobilienblasen

For a daily dose of excellent "ANTI SPIN" i highly recommend to subsribe to the free daily update from David Rosenberg.

H/T Clusterstock

1929 comparison

This is from another Rosenberg piece via Mish

Rosenberg also points out that the 46% rally in 101 days is unmatched dating back to 1933. I suppose the rally could continue given the 1933 rally lasted 249 days taking the stock market up 172%. However, I would not recommend playing for it.

> Be careful if you´re still long this market…… The risk/reward ratio isn´t quite "favourable" right now….. If you´re considering to short this market i agree with Jesse ( even if it is very tempting) …..

> Denke man sollte sehr vorsichtig sein wenn man noch immer long ist…… Für meinen Geschmack ist das Chance/Risikoverhältnis wenig vorteilhaft und wie ich finde stand es sogar selten schlechter als dies momentan der Fall ist ….. Für alle die mit dem Gedanken spielen short zu gehen empfehle ich den regelmäßigen Besuch der Seite von Jesse
…..

 
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,595FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x