1929 Stock Market chart update, coincidence or something else

I have been keeping an eye on the market like I said I would and comparing it to the chart that was released back in November, I figured that I would do it today since in the past week 3 big time bankers have been found dead (See post on topic) and I was wondering if they knew something about this chart and the current stock market. Since Jan 12014 the markets have lost 1136 points, even though some financial expert's say the market is due for a 10-20% correction, did these three guys know something and were silenced about it, are we repeating History? take a look for yourself, this is to much of a coincidence, make a decision for yourself and see what you come up with.

I had to cut and past todays results, you can verify the chart by checking the Dows charts and going to McClellan.com for their chart for you own comparison.

They do look pretty similar.

I wasn't expecting for it to be as close as that !!!! WOW ....

DOUBLE POST

I have been watching it like a hawk and was planning on doing a thread on this good job on the graphic. We all know what is coming we are over due. Maybe a terror attack a sochi will be the kickstart.

Very similar indeed.

I wonder if somebody knows any Federal Reserve similarities also?

Good lord, that's a heck of a mirroring going on. Yeah, I'm going to allow myself to feel uneasy & a little trepidation while we watch the markets. If that pattern is followed through & the market does tank, that's going to crush us. Deep in debt & with a bottomed out stock market, that'd be one ugly, long uphill battle.

This woudn't surprise anyone.

In fact, we've all been waiting for this since 911. The day they will pull the trigger.
Then what?

I hope I've not spent thousand of hours finding this zomie vaccine for nothing.

Let me use this double post bug to say an undeniable truth.

There is no such thing as a coincidence.

Geez that is absolutely remarkable. I am blown away. At this rate I'd be amazed if it didn't keep following the trend.

Thanks for the update!

EIDIT: btw folks, this is the original thread from back in December of 2013 where the graph was first noticed:
www.abovetopsecret.com...

It's all noise folks.
Buy an Andex Chart andput your fears to rest.
Simply look at a 10 year period and you will see there is nothing to worry about,
Besides, there are social safety nets now, that were unheard of at the time of the great crash of 1929.
If you are worried go ahead and sell your funds and stocks with the rest of the lemmings, I will cash in on your stupidity.

Cynic
It's all noise folks.

Lol, clearly you cannot differentiate between random noise and an ordered pattern.

If you are worried go ahead and sell your funds and stocks with the rest of the lemmings, I will cash in on your stupidity.

Actually, I highly doubt that even 1% of the population is aware of this graph or data similar to it. Only a very small fraction of people who pay attention to the markets will be aware of this data, and if they act on it they might just save themselves a lot of pain and hurt in the very near future. Most people however will be totally screwed if things comes crashing down like they did in 1929. The lemmings are the ones who are oblivious to reality and then wonder why they didn't see it coming.

reply to post by Cynic


That's a very optimistic and bold claim you make there about the economic market.

Frankly, when it comes to this, maybe you should put your username to use.

In the end it's really just like a game and the Grand Masters always decide the outcome of the journey.

reply to post by St0rD


There are very much coincidences. Most things are coincidences. There's no order or reason most of the time.

reply to post by Cynic


They said the same thing back in 2008 before the market crashed .

It does look a little bit ominous. It'd crossed my mind that prior to the 1929 crash the stock market had entered a similar 'bubble' - with the expansion of new technology etc - to that experienced last year. You'd hope the bankers would have learnt a few lessons from the past though and are more equipped to prevent economic disaster...

If this holds true then the Dow will drop to 13,200. That would be great. This would be a very healthy correction and I think most all investers would look at it as such. What many economists expect is something different. Look at the chart for '29. The average dropped from about 380 to 200. Now, if you look at that and the present levels in regards to an expected correction with similar ratios then we can actually expect the Dow to find the floor somewhere around the low to mid 8,000's. I have been advised the market will be in the single digit 1,000's within 18 months. Maybe next month, maybe next year, but it's coming. Yeah yeah yeah you say? Well I was also advised to remove myself from the market in '07, I did, and banked when re-entering at a 20+% discount; and I am damn sure not going to ignore it this time when the outcome will be much worse. (And better).

reply to post by yamammasamonkey


That prediction is possibly based on this same theory. By 1932 the Dow had dropped to 40 points at its worst. That's a 90% drop from 1928 highs. If contemporary Dow was identical it would mean it could reach around 2,000, which I think would be a disaster far greater than the 1929 crash. It also bears considering that the main contributor to economic recovery after that was World War 2, so unless another world war erupts I'd imagine any equivalent economic crash would last well into the century.

twfau
reply to post by yamammasamonkey

 

It also bears considering that the main contributor to economic recovery after that was World War 2,

with Europe in rubble, USA was the only game in town with manufacturing. ONLY reason we had it so good was that fact.

We need to turn the third world into rubble, this time to get our jobs back

What lead up to the crash has already happened. First was tax cuts for the wealthy then the housing bubble burst so the banks could buy up building and land for pennies on the dollar. Now all we need is for several big investors to start dumping their stocks after spreading rumors of an impending crash.