Posted last month..... I say we shall see!
April 1, 2018 – Rainmaker
If you’ve been trading for a few years, the thought may have crossed your mind from time to time that if you could just have one “monster trend” to trade, your life as a trader would be complete. “Give me one rainmaker and I’ll never ask for anything more.” But that thought has has seemed to apply to some legendary trend of the past or perhaps to a trend that you may see yet but in another decade- under different conditions.
If so, then this may come as welcome, if not shocking news: That “legendary trend” is underway RIGHT NOW!
Consider these “rainmakers” from history as compared to right now — 2018:
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It was a heady time for stock investors, traders, speculators. The US of A had never seen a time like what we now call “The Roaring 20’s.” The Industrial Revolution and the assembly line production tactics had produced jobs and growth such as the world had never seen. Stocks roared ahead and by the late 20’s everyone was getting rich. People were taking tips from their barbers and cab drivers. The future never looked brighter.
But a not so funny thing happened on the way to Eutopia: The crash of 1929 and the great depression.
April 1, 2018 – Rainmaker – SevenSentinels.com
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