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North of London | Interesting that you bring up Kondratieff wave(s)
I have thought of that knowledge I acquired from market studies many years ago and many times through more recent years have wondered if we had hit the blowoff portion of that.
Time between waves seems to have been stretched out perhaps because our governments have been trying hard to prevent the collapse that follows the double top.
I guess time will tell. I always found it easy to read a chart in markets AFTER but hard to predict what it was going to do tomorrow or next week from the chart.
BTW from my market studies I was taught the worst situation for a market trader was to make a lot of $$ on their first trade(s). They then became over confident and would lose big $$ after that. | |
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