The Big Short - Part 2

6 авг. 2021 г.

!!!! Not Financial Advice !!!! Taking a look at NAS 100 from a larger time frame we can see that it has been on a significant bull run from the 2008/2009 financial crash with little to no major pull backs. If we look at the Fib extension from bottom of the 2000 - 2002 crash we see that the FIb Retracement tops out roughly round $18000 price mark. Considering that markets always tend to over shoot even if just the wick, this could go as high as $24,000 and could even go to $26,000 (wick) by sometime in the year 2022. Once prices hit the $18,000 mark I will start looking to short the NAS 100 and get ready for a multi year bear market. The 2000 - 2002 Bear Market drop was about 81% from top to bottom. I expect that a 50% - 70% drop is not out of the wood works. Surprise surprise if it fits in with the Basel III for Gold and The last leg up for the Crypto Market.