
#45: Michael Oliver On The ’Massive Momentum Structure’ In The Stock Market
Superinvestors and the Art of Worldly Wisdom
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The Importance of Observing Your Timeframe
The 1929 crash was primarily triggered by quarterly momentum, not annual. We're fairly ripe in the US stock market for another downturn based on a lot of factors,. On the NASDAQ, it's got an annual structure below it, not too far, about 7% below the current market. So we can see that there's a potential for another downturn coming soon, probably.
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