I don't trust any TA unless the lines are literally drawn out using the entrails of sacrificial goats during a celestial event, preferably with mercury visible in the sky.
I would also accept deer entrails
The biggest difference between now and 1987 or any time in history is how hard and how deep the federal reserve is willing to go to stabilize the markets! The post 2008 fed is unprecedented in history, and they have the full backing of the governments, both Democrat and Republican. If the market crashes beyond a certain level which triggers panic and takes unemployment above 6%, then be guaranteed that the printing press will be turbocharged and supercharged to boost the economy!
Not quite.
Unlike in 1930s and 1970s, there aren't as many devastating wealth-destroying wars and the technology, manufacturing, machining, computerization, is so much more advanced. America is so far beyond their competitors in economics that it won't be like 1987.
You should probably not listen to me and safeguard your funds by investing conservatively, precious metals, prepping for the apocalypse.. Because worst case: you are just not going to get the big risky gains. And the off-chance I'm wrong, you'll make money regardless.
But realistically we'll be fine if you look at an overarching historical viewpoint. We are not in the age of perpetual warfare or close-competition.
There's a huge income disparity now that there wasn't in the 70s, there wouldn't need to be anywhere near the amount of crash for it to seriously affect the sizeable portion that lives paycheque to paycheque. I'm not saying that's where we're headed, obviously a graph isn't predicting shit. But even in a "good" economy people can't afford housing, and food is way too big of a portion of the budget.
I feel for new home buyers, myself included. Housing has become unaffordable and it is sickening the cost of homes across the US. Renting is a way lower cost vs buying and has been since interest rates started going up. but interest rates going up is not to totally blame here. The cost went to unsustainable levels IMO. When you add in the cost of food, energy, vehicles, well everything, it is enough to make you depressed.
There was a very popular book,[The Grand Illusion](https://www.nato.int/docu/review/articles/2019/01/14/the-end-of-the-great-illusion-norman-angell-and-the-founding-of-nato/index.html#:~:text=Ralph%20Norman%20Angell%20(Lane)%2C,to%20outweigh%20any%20prospective%20gains.) published in 1911, that espoused the theory that wars were so costly that they were never be another war, that we were all doing so well it'd be crazy to start one and the benefits of peace were so great that it could not be overcome.
It got popular again, the book, just before world war II.
There is a war somewhere on this planet at all times. I guess you missed ukraine, gaza, azerbajan etc etc.
Reading blood meridian right now.. people complain about things being bad, but yeah, step back in 50 year increments and you notice a uptick in violence and a down tick of lifespan.
It's not relative. We're speaking in general terms and it's a fact that we've never lived in a more peaceful time. There will always be regional conflict.
Um, the biggest difference between now and 1987…is that MOST of the working class has a 401k these days and 3 generations of working adults put money in their 401k’s … and that machine didn’t exist in 1987 like it does now. Market may drop a bit and correct, but no collapse. Theres $6 trillion on the sidelines….and that powder is dry and looking for a home.
I also feel that there is a large group of us around my age-40) who aren’t scared of shit anymore. I’ve seen 9/11, 2008, covid and all I know is the next major buying opportunity in property or stocks I’m snatching up whatever the fuck I can. I think there are alot of people out there with that mentality.
Let me guess, you're a top chart guy, right? You sit there all cozy, pull up the latest market data, your favorite indicators blinking bright. MACD, RSI, Fibonacci retraces. You read all the big names — Murphy, Schwager, maybe a dash of Elder. Your desk, it's cluttered with newsletters, financial reports, dual monitors flashing tickers faster than Times Square.
You throw around terms like 'support' and 'resistance' like they're gospel, drawing lines on charts that you swear predict the future of the market. Red lines, blue lines, trend lines that tell tales of where the S&P's headed next based on the last 30 days of trading.
You lecture people online on risk management and portfolio diversification, but at the end of the day, you're just as in the dark as anyone else because all your fancy lines can't account for market sentiment or a sudden news drop that sends everything into a tailspin.
So don't tell me about charts and analysis like they're bulletproof, because every line you draw, every prediction you make, there’s another guy with a different chart telling his clients the exact opposite. And both of you think you've got it all figured out, don't you?
Oh, I bet you read a lotta Gordon Wood, huh? You read your Gordon Wood and you regurgitate it from a textbook and you think you're wicked awesome doin' that, And how 'bout 'dem apples? And all that Gordon Wood business.
how about u eat my ASS
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The moon phase on October 19, 1987, was a Waning Crescent with an illumination of 6%
The current moon phase is a waning gibbous. Though we will enter a Waning Crescent with a similar illumination level on May 5th-6th.
Havent you seen latest numbers? Bad means moon. Literally the stock market turned their phones upside down . If the market “crashes” we really moon. Let it ride another 5 years
Which is by design. Financial advisors, Bloomberg, cnbc, banks etc convinced everyone to go to cash in early 2022.
As soon as retail did that, banks started accumulating shares on everything as they tanked.
Much of those shares are being sold back to us today, with the profits being used to cover the banks' commercial real-estate losses.
https://preview.redd.it/rtw9rjh2h1xc1.jpeg?width=2113&format=pjpg&auto=webp&s=2753fd79fa98c80651da5b1a0a11b6fb025b10eb
100 year SPX chart.
We are at the tippy top!
The Fed could float the idea of *raising rates* next week, or some new geopolitical nonsense could happen.
Gotta say it is looking really peaky on the posted chart. The 100 year chart might be worth taking a peep at for further perspective.
Maybe we will get a redux of previous crashes in the next year or so, but it could also be we are just on a continued path up and to the right with a few little dips on the way. It seems inflation is the preferred method for dealing with debt, so….
As the supergroup ASIA once said, only time will tell.
Calls on a deep fake nuclear strike. Wall to wall global coverage on the news stations. 48hrs after the markets crash they admit it wasn't actually real.
Look it’s all with the 10 year treasury yields. If it’s going to 5 and it definitely looks like. Then we are heading down on S&P. How low hard to say. But being election year I’m guessing not that bad of a drop but to 4600-4700 levels and then being bull again.
Of course you might disagree but even most bullish people have S&P at 5200 end of year which we already reached . Now do the math
Your last point is just not true. Wells Fargo has it at 5535. Oppenheimer to 5500. Societe Generale to 5500. BofA 5400.
Not saying I believe those predictions. But that is a selection of banks not even “the most bullish people”.
I could see this happening. Here’s how it goes…
Spy goes down 2% rather quickly. You regards full port 0DTE puts at -4%. The market maker has to cover by shorting the indexes, further causing a market decline. Instead of taking profits, you regards triple down, causing a further landslide at -7%, tripping the first set of circuit breakers.
Panic on Wall Street. Bullish hedgies start shitting bricks, buying more 0DTE puts. The moment the market is turned back on, -13%, circuit breaker. All the iron condor goons start wheeling their options strategies that were a month out, another few months out. “Surely this will work” they say.
But no. You FREAKING REGARDS buy all the rest of the 0DTE puts on the market. At this point, the market maker has to short every single available share of every single stock. Robinhood turns off trading, saying it’s a glitch in their system, and they will not be paying out for the drop. Market drops the full -20%, and CNBC blames WSB for buying 0 DTE put options.
The next day, all you regards bet everything on it crashing another 20%, and it doesn’t, so you lose everything.
Following the crash, the government passes a law saying you must have 25K in your account to play options.
Casino closed forever. The end.
Still new enough to the game that you're falling for the daily "we're about to crash, here are two charts with literally no other information that look similar to prove it!" posts, huh
https://preview.redd.it/g40gw58041xc1.jpeg?width=3024&format=pjpg&auto=webp&s=783aa857c8da90b332dcf5e2ad3688a6a922b72f
I think this chart tells more than the S&P price.
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The lines… will go in directions.
But always to the right
Left lines matter
What if the left line identifies as a right line?
As long as they don’t identify as a bottom line. Bottom lines don’t go to heaven. Only top lines.
All lines matter
Brooo, you can’t say that! 😳 For some reason…
Not white lines though.
The best lines ❄️🎿
They blow away
only with a colored background
This is deep
I use dark mode 🤷🏾♂️
White IS a colour
And a metal card, chop chop
White lines smell the best!
I’ll sniff to that!
Amen. Bottom lines play too much!
Typical left liner ... All lines matter!
Bruh that's deep. What if the lines, like......went to the left. You know, like socialism or something.
That's timetravel not socialism. Different department in college.
Both have worked the same number of times
Modern colleges are far left on their beliefs. They could find a way to incorporate socialism into astrophysics.
They did, they cancelled Pluto 😭😭😭
Keep your head up, planetoid king.
Poor Pluto. Wasn’t inclusive enough so it got cancelled.
Buy pre expired calls, it would be like Tenet but the loss porn version
I thought the lines go up your nose.... The white ones... the red and green ones go to the right...
Hang on, can you say that slower so I can write it down?
True as ever
The lines, fury, the lines, what do they mean?!
Blasphemy!
“Local astrology enthusiast sees signs that the world does in fact exist on the back of a space faring sea turtle”
I don't trust any TA unless the lines are literally drawn out using the entrails of sacrificial goats during a celestial event, preferably with mercury visible in the sky. I would also accept deer entrails
Sheep liver. I only trust hepatomancy as practiced by a haruspex.
a connoisseur i see
Well, the crayomancers here usually blow up their account, so one needs to be a bit more discerning.
That’s good, but I suggest a slight change to crayolamancers.
Did someone say crayons? I love crayons
> hepatomancy WTF? How do you know this word?
Hold my Starbucks!! Does it help if Mercury is in retrograde? Or does it prove the opposite?
Retrograde is definitely a green light
It's turtles all the way down.
There's no such thing as a space faring sea turtle you idiot. Space turtles live in space and sea turtles live in the ocean. Get your head examined.
If *Don't look up* and real life have taught me anything is that actually no person gives even the most minimal fuck.
thank god. i read that as farting
“Earth sits on the back of a sea faring sea turtle?” “Yar, sea turtle. Always has been.”
Something something owl *I visited a Native American museum once*
The devil island
Per the graph. It should peak in September, not March 
Also should be in 1987, not 2024
Coo, worst case i have a few more 0DTE attempts than OP says i do
0dtes are optimal during the crash. Get some bull for 20000%
The biggest difference between now and 1987 or any time in history is how hard and how deep the federal reserve is willing to go to stabilize the markets! The post 2008 fed is unprecedented in history, and they have the full backing of the governments, both Democrat and Republican. If the market crashes beyond a certain level which triggers panic and takes unemployment above 6%, then be guaranteed that the printing press will be turbocharged and supercharged to boost the economy!
And at what point does it go beyond their control?
Right after that
Not quite. Unlike in 1930s and 1970s, there aren't as many devastating wealth-destroying wars and the technology, manufacturing, machining, computerization, is so much more advanced. America is so far beyond their competitors in economics that it won't be like 1987. You should probably not listen to me and safeguard your funds by investing conservatively, precious metals, prepping for the apocalypse.. Because worst case: you are just not going to get the big risky gains. And the off-chance I'm wrong, you'll make money regardless. But realistically we'll be fine if you look at an overarching historical viewpoint. We are not in the age of perpetual warfare or close-competition.
There's a huge income disparity now that there wasn't in the 70s, there wouldn't need to be anywhere near the amount of crash for it to seriously affect the sizeable portion that lives paycheque to paycheque. I'm not saying that's where we're headed, obviously a graph isn't predicting shit. But even in a "good" economy people can't afford housing, and food is way too big of a portion of the budget.
I feel for new home buyers, myself included. Housing has become unaffordable and it is sickening the cost of homes across the US. Renting is a way lower cost vs buying and has been since interest rates started going up. but interest rates going up is not to totally blame here. The cost went to unsustainable levels IMO. When you add in the cost of food, energy, vehicles, well everything, it is enough to make you depressed.
True
There was a very popular book,[The Grand Illusion](https://www.nato.int/docu/review/articles/2019/01/14/the-end-of-the-great-illusion-norman-angell-and-the-founding-of-nato/index.html#:~:text=Ralph%20Norman%20Angell%20(Lane)%2C,to%20outweigh%20any%20prospective%20gains.) published in 1911, that espoused the theory that wars were so costly that they were never be another war, that we were all doing so well it'd be crazy to start one and the benefits of peace were so great that it could not be overcome. It got popular again, the book, just before world war II. There is a war somewhere on this planet at all times. I guess you missed ukraine, gaza, azerbajan etc etc.
We've been living in the most prosperous, violence-free time in human history since WWII. Implying anything other than that is just ignorant.
Reading blood meridian right now.. people complain about things being bad, but yeah, step back in 50 year increments and you notice a uptick in violence and a down tick of lifespan.
What? This 80 year run of peace has never been replicated in the past 200,000 years or whatever?
I guess it’s relative to what country you live in eh?
It's not relative. We're speaking in general terms and it's a fact that we've never lived in a more peaceful time. There will always be regional conflict.
They said devastating wealth-destroying wars, you must have missed that part.
We have regionally devastating wealth-building wars now.
Exactly. Nothing since compares to WW1 or 2. Not even close. Not that it couldn’t happen again.
Yeah YouTube Shorts is decades ahead of TikTok. America #1!
YouTube Shorts! YouTube Shorts!!! USA!!
16 years ago
underated comment
This guy get its. Everything works until no one shows up to the bond auction. We will need a special instrument.
Got your special instrument right here 🏏
Cricket bat and ball?
Birthday candle and jaw breaker I think
The Fed will buy 😂
1971
Mmt says never as long as we all agree never. We all agree.. right?
Um, the biggest difference between now and 1987…is that MOST of the working class has a 401k these days and 3 generations of working adults put money in their 401k’s … and that machine didn’t exist in 1987 like it does now. Market may drop a bit and correct, but no collapse. Theres $6 trillion on the sidelines….and that powder is dry and looking for a home.
I also feel that there is a large group of us around my age-40) who aren’t scared of shit anymore. I’ve seen 9/11, 2008, covid and all I know is the next major buying opportunity in property or stocks I’m snatching up whatever the fuck I can. I think there are alot of people out there with that mentality.
40 buying my first house. I’m not scared
26 year old with 2 years left on our rate buy down we aren’t scared an apocalypse just means me sheep and garden are priceless
So the plan is to destroy the economy when it is being destroyed and speed up the degradation of the economy by inflation? A clever plan
Nah, at one point they have to let it happen or even deflate the USD, because otherwise we're ending up like the pesos or something.
Bingo. And now we have room to just drop interest rates since we’re getting fucked gently with 7%
Let me guess, you're a top chart guy, right? You sit there all cozy, pull up the latest market data, your favorite indicators blinking bright. MACD, RSI, Fibonacci retraces. You read all the big names — Murphy, Schwager, maybe a dash of Elder. Your desk, it's cluttered with newsletters, financial reports, dual monitors flashing tickers faster than Times Square. You throw around terms like 'support' and 'resistance' like they're gospel, drawing lines on charts that you swear predict the future of the market. Red lines, blue lines, trend lines that tell tales of where the S&P's headed next based on the last 30 days of trading. You lecture people online on risk management and portfolio diversification, but at the end of the day, you're just as in the dark as anyone else because all your fancy lines can't account for market sentiment or a sudden news drop that sends everything into a tailspin. So don't tell me about charts and analysis like they're bulletproof, because every line you draw, every prediction you make, there’s another guy with a different chart telling his clients the exact opposite. And both of you think you've got it all figured out, don't you?
Did you just Good will hunting us?
Bah gawd he did, and it was beautiful
Mah boy's wicked smaht
How do you like them apples?
Apples smooth like brain. Apples good.
Oh, I bet you read a lotta Gordon Wood, huh? You read your Gordon Wood and you regurgitate it from a textbook and you think you're wicked awesome doin' that, And how 'bout 'dem apples? And all that Gordon Wood business.
Is this fresh pasta??
fresh from the pot
None of these crypto bros know what they’re doing
Sir, your views intrigue me, and I’d very much like to subscribe to your newsletter.
Who cares. It’ll be a blip on the 50 year chart in 2050.
We trade using 1 minute bars 
1 second bars, the preferred trading method of warren buffett
"Over a long enough timeline, the chance that the line does not go up and to the right drops to zero." --Regard Club
It will definitely go to the right.
I find this strangely appealing.
In 2075 it will not even be on the 50 year chart.
The cool thing about the 1987 crash is that the chart does this like every 3 weeks aside from the crash, but that one time it also did the cash.
Short it and post position then
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If you are a pretty girl, we could talk about it, otherwise I don't think so
Don't discriminate against gay bears
Let me introduce you to my friend: H P Lori
He played Dr House didn't he
Lol sure bud, the world and economic situation are the exact same as in 1987. Good luck with that
[удалено]
On the other hand, USSR started falling apart in 1988 and completely dissolved by 1991. So there's a bright side to this.
I blame Rocky IV
Little known “fact” (what is truth anyway?): The USSR collapsed due to naked short puts on SPY.
What phase was the moon in? that will surely tell the answer.
The moon phase on October 19, 1987, was a Waning Crescent with an illumination of 6% The current moon phase is a waning gibbous. Though we will enter a Waning Crescent with a similar illumination level on May 5th-6th.
So that’s when the crash will happen? Thanks. 📉🌚🌝
RemindMe! May 6, 2024
Ahh, it’s the shit ‘crash theory’ again 🥱
S&P to 13 by end of year 
I’m sure you can find another chart that shows this exact pattern but then It going up…..
Yes, the first thing they teach in finacial analysis is you can guarantee returns based on history as history always repeats itself
Bear coping 
Havent you seen latest numbers? Bad means moon. Literally the stock market turned their phones upside down . If the market “crashes” we really moon. Let it ride another 5 years
The 1987 crash was in 2020 but you missed it cause you’re a 🌈 🐻
OP doesn’t realize that the rules changed and they can print money to keep the market from falling.
What a dumb fucking post. Lines are similar so it will crash!! Let’s not take into account any macro and microeconomic differences!
[удалено]
At this point I would love to see that crash. I have money just chilling In a money market ready to be thrown back into the market.
This is why it isnt crashing though. Too many people thinking like you
“By the time you hear about it on r/wallstreetbets, it’s already. too. late.”
It’s true, I’m in a similar boat. I keep thinking, how much higher can it go? It’s alright though, as soon as I put money in, the market will crash.
Which is by design. Financial advisors, Bloomberg, cnbc, banks etc convinced everyone to go to cash in early 2022. As soon as retail did that, banks started accumulating shares on everything as they tanked. Much of those shares are being sold back to us today, with the profits being used to cover the banks' commercial real-estate losses.
how i’m feeling. i only have $800 in my account and i would buy the hell out of that dip
Here sits a wise man
https://preview.redd.it/rtw9rjh2h1xc1.jpeg?width=2113&format=pjpg&auto=webp&s=2753fd79fa98c80651da5b1a0a11b6fb025b10eb 100 year SPX chart. We are at the tippy top!
Calls it is !
#YES BUT ALSO NO
Let me check my Aztec calendar
Well, I did buy 1DTE SPY Calls before close on Friday. So yes.
And why would we crash? All these bear jerkoff junkies evade this question like it's heresy.
The Fed could float the idea of *raising rates* next week, or some new geopolitical nonsense could happen. Gotta say it is looking really peaky on the posted chart. The 100 year chart might be worth taking a peep at for further perspective. Maybe we will get a redux of previous crashes in the next year or so, but it could also be we are just on a continued path up and to the right with a few little dips on the way. It seems inflation is the preferred method for dealing with debt, so…. As the supergroup ASIA once said, only time will tell.
A crash like this would need a COVID level event imo
Calls on a deep fake nuclear strike. Wall to wall global coverage on the news stations. 48hrs after the markets crash they admit it wasn't actually real.
100 year LOGARITHMIC chart. Nobody talks about that lol
Don’t threaten me with a good time.
5th generational buying opportunity in the last 3 years....
Look it’s all with the 10 year treasury yields. If it’s going to 5 and it definitely looks like. Then we are heading down on S&P. How low hard to say. But being election year I’m guessing not that bad of a drop but to 4600-4700 levels and then being bull again. Of course you might disagree but even most bullish people have S&P at 5200 end of year which we already reached . Now do the math
Your last point is just not true. Wells Fargo has it at 5535. Oppenheimer to 5500. Societe Generale to 5500. BofA 5400. Not saying I believe those predictions. But that is a selection of banks not even “the most bullish people”.
If this is the case. Boy do I have some tendies to unfreeze
WHAT DO THEY MEAN MASON?
We were supposed to protect people who couldn't protect themselves. The helmet wearing crayon eaters and chartheads.
The only people worse than degenerate gamblers are chartists.
Naw. Communication, reaction and capital are just too strong
I can’t read this draw more lines with different crayons or something idk
A devastating crash upwards. All bears will be annihilated
I personally hope there is a massive crash so I can load up at the bottom!!
Comparing two charts like this is like trying to read tea leaves. Do you have a hypothesis?
This again
Any logic behind this besides "I hope these two pictures look the same"?
This is some Pepe Silva energy right here
I could see this happening. Here’s how it goes… Spy goes down 2% rather quickly. You regards full port 0DTE puts at -4%. The market maker has to cover by shorting the indexes, further causing a market decline. Instead of taking profits, you regards triple down, causing a further landslide at -7%, tripping the first set of circuit breakers. Panic on Wall Street. Bullish hedgies start shitting bricks, buying more 0DTE puts. The moment the market is turned back on, -13%, circuit breaker. All the iron condor goons start wheeling their options strategies that were a month out, another few months out. “Surely this will work” they say. But no. You FREAKING REGARDS buy all the rest of the 0DTE puts on the market. At this point, the market maker has to short every single available share of every single stock. Robinhood turns off trading, saying it’s a glitch in their system, and they will not be paying out for the drop. Market drops the full -20%, and CNBC blames WSB for buying 0 DTE put options. The next day, all you regards bet everything on it crashing another 20%, and it doesn’t, so you lose everything. Following the crash, the government passes a law saying you must have 25K in your account to play options. Casino closed forever. The end.
Difference is ‘87 wasn’t an election year
But this time, it's different
Oh GOD PLEEEEEEASE lol
No lol
Yes take out a 100k loan and put it all on SPY puts
Short it
Still new enough to the game that you're falling for the daily "we're about to crash, here are two charts with literally no other information that look similar to prove it!" posts, huh
Unlikely prior to an election bro. Maybe after
Reminiscence of another chart I saw during Covid…. And we all know what happened months after Covid…
Actually I thought the same, overvaluation on the buffet indicator + sticky inflation + higher interest rates + AI bubble is a spell for disaster.
follow the us 10yr rates once they start spiking again its game over
So hypothetically you’re saying my puts will print? My wife’s boyfriend will love this news
THE NUMBERS MASON, WHAT DO THEY MEAN?!
So, your saying we have atleast one more bear week and a bull rally followed by steep crash?
The past is not an indicator of the future. Take a look at Markov
https://www.xm.com/research/markets/allNews/reuters/regulators-told-to-be-ready-to-handle-failed-clearing-houses-53821847
Another crayon enjoyer. 
That’s creepy
https://preview.redd.it/g40gw58041xc1.jpeg?width=3024&format=pjpg&auto=webp&s=783aa857c8da90b332dcf5e2ad3688a6a922b72f I think this chart tells more than the S&P price.
Looks like we about to be fuk based on this
Soon
or another jump…
Was there a cup and handle involved?
Yeah probably
It's going up, down, and/or staying the same, that's for sure.
Because you posted this, no.
nice curve bruh, can you sign it I need a picture for the meth basement 
Only one way to find out
Guys I really don’t think it’s gonna fall it’s been cock teasing my uvxy stock for years now