1974 or 1930? Professional Edition
Another day, another loss. This feels a lot like the summer of 1974, only those losses were smaller and the market was further along in the 4 week cycle than this one is. I also think that we have broken the 1929 meme. This decline is more persistent, and seems more like the second stage of a bear market. Perhaps 1930-31 is a better model. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

Look at 1857 if you want to know where we are in historical financial/economic euphoria/mania debacles.