1987 crash track by jessel

[bart]

For what its worth, and in my opinion - not a little...


http://jessel.100megsfree3.com/dow1987CrshTrk.gif


http://www.geocities.com/arthurcutten/jesse.html

[jk]

bart, by virtue of posting this, i suppose that you imply that you see a parallel to our current circumstances. could you make that explicit?

[bart]

bart, by virtue of posting this, i suppose that you imply that you see a parallel to our current circumstances. could you make that explicit?


Very much so, sorry for not being more explicit.

Just like pretty much all of life there's nothing totally certain, but Jesse's work not only tracks well with the various predictive charts on my forecast page but also with contrary opinion and many thoughts of folk here, including KaPoom theory. I don't think it will be as big as what happened in 1987, but I also didn't think the recent correction would be as large.

As they used to say in the '70s, your mileage may vary...

[flow5]

The 1987 crash was entirely Alan Greenspan's fault. Prior to the fall, rates of change in real gdp fell at their sharpest rate since late 1913.