Quote:
Originally Posted by PICSIX
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Anything is possible, but, that chart cherry picks the time frame.
Leading up to the 1929 crash, there hadn't been a recent 50% drop as we had in 2008.
Chartists are are always trying to find a pattern that will predict future price movements, but, exceptions aside, they fail, as, similar to a horse race, each event has its own unique set of circumstances.