Via Zero Hedge:

While chart analogs provide optically pleasing (and often far too shockingly correct) indications of the human herd tendencies towards fear and greed, a glance through the headlines and reporting of prior periods can provide just as much of a concerning ‘analog’ as any chart. In this case, while a picture can paint a thousand words; a thousand words may also paint the biggest picture of all. It seems, socially and empirically, it is never different this time as these 1936 Wall Street Journal archives read only too well… from devaluations lifting stocks to inflationary side-effects of money flow and from short-covering, money-on-the-sidelines, Jobs, Europe, low-volume ramps, BTFD, and profit-taking, to brokers advising stocks for the long-run before a 40% decline.

Keep reading…http://weaselzippers.us/2013/03/14/chart...ked-40-in-1936/

Even the 'rah-rah' newspaper headlines from that era bear a striking resemblance to today's.

Yikes.

Quote: Heisenberg wrote in post #5

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I know nada about the stock market.

Is there an inverse relationship between Wall streets success and the US economy?

It seems the worse the US does the better Wall street does. Am I wrong in this?

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Heis, I'm certainly no expert either, but I understand the more global uncertainty, the more investors turn to the US stock market, and the more paper money pumped into our system, the more of it goes into the stock market.

Thanks for the post.

There's all kinds of eerie headlines from 1936 at the original article:

http://www.zerohedge.com/news/2013-03-14...-different-time

N.Y. Central Has Repaid All Government Loans
The Wall Street Journal, 978 words
Dec 1, 1936

It's Cash Bull Market With Little Inflation, Says Exchange Bulletin
The Wall Street Journal, 169 words
Dec 16, 1936

London, New York Stock Transactions Largest in Months - British Brokers Stand in Queues to Fill Orders Activity Ascribed to World Efforts to Revive Trade
The Wall Street Journal, 956 words
Oct 8, 1936
Growing realization that the determined international effort now being made to sweep away trade barriers will be followed by improved business conditions throughout the world brought a rush of business to the security markets in New York and London yesterday such as not been seen for months

I guess now is a great time to become a gold bug again...

Quote: Cedric wrote in post #11

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In the good ol' days, the stock market was an accurate pre-indicator, leading the economy by 6-9 month.

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Something ‘Very Bad’ Will Happen In The Next 60 Days: A ‘Mysterious’ Trader Is Betting On It!


Still have 24 more days to go !!