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@Caseynotes, very interesting graphics.

If markets were to take a tumble then one must have capital ready on the sidelines to 'pounce' to take advantage of any once or twice in a generation corrections. 

One must be ready to pull the 'trigger' if such opportunities arise.

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True enough and there is plenty of risk ahead though as we have both said in the past, it pays to wait for a reversal rather than trying to second guess one. This classic old S&P chart was recently updated and reiterates the point to perfection;

I'll post the chart separate as I can't get it down enough in size to get the whole post under the 1.46MB max.

 

 

 

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Yes totally agree. Once there is a trend reversal as any correction could be brutal and keep continuing downwards and  one should not try and catch a 'falling knife'

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1 hour ago, Caseynotes said:

rsk2.thumb.PNG.2119867d96567383195563fc0212eeb7.PNG

Marc Faber 9/20/17 "something will happen"

.... great insight there Marc, thanks for your input! ?

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It just shows how 'credible' experts are only human and their 'guess' or 'assumption' is as good as anyone else who has experience in following the markets and an interest in economics.

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Yes, Marc had predicted 'meltdown' in 2012, 2013, 2016 and twice previously in 2017 but it wasn't until late 2017 that signs of self doubt started creeping in about his predicting abilities with his "something will happen" quote. That's a great track record though and a sound base so that when the downturn does come he can rightly say he predicted it all along.

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