Hacker News Reader

There's no such thing as predicting the future when it comes to assets. Patterns aren't guarantors of future returns. If they were; the asset would be a sure-thing. Your confidence isn't warranted.

View on HN

I'm well aware it's not a guarantee of future returns but as I said in my original message, this is a well established pattern. Until there's definitive evidence that it has stopped acting according to that pattern I'm going to disregard the "it's dead for real this time" crowd.

"History does not repeat itself, but it often rhymes"

lets's come back to this one year from now and see if it bottoms around Oct 6

Reply on news.ycombinator.com