Bottoms set in faster… (added an Oct crash & 2008 highs)
As the FED learns… we are now used to bailouts.. and easing techniques.. and whatever… it’s like we will not ask any questions… just save us!
Time to bottom was cut in half from 2001 to 2008 crashes… Can we bottom in less than 7 months? I’m thinking even faster…
The central bank global response will be overkill…
Edit: added 2 scenarios.
Crash now to 2008 highs.
Top forming.. and then crash to 2008 highs.
Good point, agree.
Not sure of time yet though, it’s called “catching a falling knife” for good reason.
And that is IF this is the meltdown.. could just be the start of a multi month top morphing into existance.. real crash could be later this year.. then that one could be halved in time to bottom