My last article I hypothesized the possibility of a 1987 crash happening (see prior post HERE for the skinny on that). I’m sure some people took that article and assumed that’s what I think definitely will happen. Even though I am in the camp that the whole global economy is a propped up by excessive government spending and printed money, I am not personally set up for an imminent crash (yet).
I prefer to take signals from the market and not worry about predicting the future. Signals will be given – and I will follow them. At least I hope I will.
PS: I’d like to thank all of the great investors and traders who shared their wisdom in various books and other media for helping me develop some of my own (limited) wisdom.