crashes are extremely rare events. imo expecting them, or worse, betting actual money that they will happen, is a losers game. the very definition of "rare" means that even when it looks like we should crash, we won't. because if we did, it wouldn't be a rare event.
last bear took 16 years to bottom. why should this one be any different?
yes i believe it usually does, but i dont have enough history to say for sure. i do believe thats when they would step in. we just were not in such a state this time. take a look at the ndx chart i have attached. not even remotely looking like a crash. spx chart looks a lot worse, but still well under control. i will not be continuing this line of discussion as i was merely putting my perspsecive on the subject on the record. good luck to you its a tough market to trade PPT or not steve
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