YOU Won't Believe How Similar These Markets Are...

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I enjoy your videos BUT to compare last Monday to Oct of 1987 is absolute insanity. What happened on Black Monday took a couple months to evolve, went down 500+ points meaning last monday should have gone down 10, 000 Points!!! The market was in complete turmoil for a couple of days( last monday recovered smoothly and there was no disruption in trading to speak of) . the 1987 market took TWO YEARS to get back to the level it was at before the crash. I was working for a Wall st. firm at the time. Last monday was NO Black Monday.

billgolfer
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top is only in next June guys when the 4th candle prints sell 2nd week in may and your all good hold your bags

DiabolicalPolitics
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Why isn't the August to October 1978 given more consideration toward market direction? There were political, global, and domestic issues during that time frame impacting uncertainty.

andygeiss
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Thank you Tom for all you share, my favorite channel to learn from. Instead of other channels, throwing out trades, you actually throw out information that helps us to learn about the markets, and I absolutely love that and appreciate it.

Bev
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Tom looks at the market setup as exciting. It scares the hell out of me with the hope of retirement in a few years. I'm fearful of getting trapped again like in 2008. With the National debt of $35T and the National financial commitment or total debt is $101T, how can we the people climb out of that burden? Thanks Tom for your guidance so many people do not have a clue and have a blind trust that the market will always go up as long as we print money.

russellhofelzer
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Tom, you’re my hero. Thank you for sharing

dividethesky
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There are some out there that are comparing this chart with the 1929 chart, which means a mega drop in september. What do you think

jasonk
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Dude, A you rock! B don't be afraid to say Data like an Aussie Dah-ta... Rock your roots brother. People love the Aussie accent. Pete in CA 🙏

peteholtrichter
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I need green please Tom, make it green Tom thanks 💚

jodylufc
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Good stuff! Thanks for updating this in a systematic way!

joycefung
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Haven't been here in a while, but I must say your videos are still perfect!!!

vaclavhavlicek
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It's funny with oil, because it build two death crosses in the last couple of days + had a false breakout to the downside out of the symmetrical triangle

veitastic
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Do you think Versidium will pump before XRP?

manishbaiga
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Denial!
Here is our current condition:
1. The Sahm rule flashed positive. The is momentum and trend measure of the unemployment rate has been correct 10/10 times flashing when the US has already been in a recession (not know until 1 or 2 years later when the official recession calls came out.
2. The yield curve is un-inverting after being inverted for over 12 months.
3. There is an increase in companies warning of decreasing consumer demand
4. Bond yields are collapsing even before the FED lowers rates
5. Industrial commodities like copper, oil, platinum, and cotton have all gone down (oil still off its peak would be lower if not for OPEC supply cuts and a wider war in the Middle East.

Compare these conditions to 1987 or 1968 and there is no comparison (the conditions then were different). When the Sahm rule flashed on Friday there was no shortage of “experts” including Claudia Sahm herself (propagandist for the establishment) saying “it’s different this time”. When you stop to consider several key factors all together instead of cherry picking it has never been more compelling. And with so many people in denial expect the market to eventually drop much more.
Disclosure: I am a commodities trader. The stock market is the last to get the memo on the economy.

christopherl
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Hey, you say in the video that you don't expect recesion? That's crazy:) What is the chance for blow off top in the next 2 months and than crash starts? I think that's how it is going to play out. Something like 2017. Regards.

IvanGeorgiev---
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Clearing out all my Alts going into BTC and Versidium only, maybe a little BNB and SOL

Niharika_
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i love the coverage of so many different indicators and past performances.
i'm flabbergasted by the comparison of the recent DNC to the one in 87. like, is a Harris presidency really the most bullish option?

josephpayne
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Thank you for your TA I like to watch your videos everyday, they have been so helpful!

artfun
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Recommending Silver when the Option Flows are extremely negative on Silver? Cannot believe it

thorthunderrocks
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I only realize how little I actually know, by watching an expert at work.

MrNurseinTExas