How I BEAT The Greatest Stock Market CRASH in History - Black Monday October 19th 1987
Stock-Markets / Stock Market Crash Oct 19, 2023 - 10:36 PM GMTIt's that time of the year again when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest month for stocks of the year, October the 19th, the 29th anniversary of the 1987 Black Monday stock market crash that few saw coming but ever since many expect to repeat. So regardless of what the stock market has actually done thus far, by this point of the year the perma bears can always be seen literally jumping up and down like demented rabbits proclaiming that a crash is once more imminent as they point to a myriad of harbingers of the stock market apocalypse. So it is no wonder that October tends to be an unusually irrational month for where stock market expectations are concerned.
So doom once more prevails despite the fact that even if this time stocks do by chance crash, that EVERY crash in the general stock market indices such as the Dow, S&P and FTSE have always resolved in the mother of all buying opportunities as this video demonstrates how to actually successfully trade a stock market crash and not just any crash but the mother of all crashes that of October 19th 1987 that provides some valuable real world trading lessons that are just as valid today as they were near 30 years ago.
Also a reminder of my video that kicked of a series of analysis on how to profit from the machine intelligence exponential mega-trend long before Chat GPT was a twinkle in Sam Altman's eye..
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S&P
Targeting 4600 Mid Summer 2023 Top followed by correction to below 4150 into October 2023.
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Your trimmed the FOMO to buy the Dip analyst.
By Nadeem Walayat
Copyright © 2005-2023 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.
Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.
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© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.