Submitted for your consideration and amusement. At the signpost up ahead- the next stop: the Twilight Trading Zone.
The Century TL reaching back to 1915 before US entry into the Great War, projects true US equities valuation at a nominal PE.
Absent FAANG inflation and PEs discounting earnings until the 22nd century, Dow fair value is a little over 2k. A 90% decline in price would return index to long TL!
If you consider this impossible... from 1929 - 1937, US 30 declined 90%, from 391 to 41. Can happen again!
This is definitely NOT investment advice, trade at your own risk and enjoy this hopefully amusing post!
The Century TL reaching back to 1915 before US entry into the Great War, projects true US equities valuation at a nominal PE.
Absent FAANG inflation and PEs discounting earnings until the 22nd century, Dow fair value is a little over 2k. A 90% decline in price would return index to long TL!
If you consider this impossible... from 1929 - 1937, US 30 declined 90%, from 391 to 41. Can happen again!
This is definitely NOT investment advice, trade at your own risk and enjoy this hopefully amusing post!
交易進行:
Looking good so far- only another 23100 pips to go!
交易進行:
Only 23K left! Get on the train before it leaves the station!
交易進行:
Getting closer... a mere 19,200 pips to go!
