CHESSNOID

Does history repeat itself?  More often than not, I think it does.  Trying to understand the current stock markets is a challenge whether you are a technical analyst or fundamentalist.  Back in the Great Depression we had both upturns and downturns.  A great place to check out data and charts are at Dshort.com.   He is definitely advanced in his analysis, but looking at the data and the charts he supplies makes it more simple than it really is.  This allows for more people like me to understand the information better.

I found this information useful from Dshort:

Is the current market just a repeat of the early 1930s?  Well, we can’t know until it is played out.  However, you can make decisions of whether you want to be in this market right now or later.  If you can, imagine yourself living in 1929 and having your money tied up in the stock market (brokerage account, 401k, IRAs,other retirement funds) then watching it fall 47% in 10 weeks only to see it go back up 48% the following 22 weeks.  At the end of 3 years, the market eventually fell 89%.

Is it possible that history may repeat itself? Of course it can, but no one will know until after it has happened.  You should also keep in mind, if you were able to keep your money in the markets even with this downturn for the next 90 years, you would be ahead even with the current market downturn.