Lets entertain a hypothetical situation for a moment…I mean – why not right?
Let’s say “what if”………
What if I’m correct in suggesting that the 15,000 area of The Japanese Nikkei Index marks the top, and that indeed ( as seen in the past ) this “top” will soon be mirrored in U.S Equities as well?
Now I’m not talking about a “mid-term top” or a “short-term top” – I’m talking about the “top of all tops”. The kind of top you can only imagine / dream that you may have been fortunate enough to have identified, and in turn – traded accordingly.
Yes….”that” kind of top.
So…..What if I’m right?
Can you imagine having yourself positioned not only “before” a major turn in the markets but for a “bearish turn” at that? Allowing your trades to move into profit based on market dynamics “driven by fear and panic”?
How bout letting those trades sit ( much like an investment ) for several months, or even ( in timing it correctly ) “several years” considering what might be coming down the pipe in a longer term “global macro” sense?
What if these levels in stock market valuations ( in both Japan as well U.S ) reflect levels that may “never be seen again”, or at least not for several years to come?
What if?
It’s fun to think about, especially as these past months have been so tricky.
I keep coming back to that 20 year chart I posted the other day, considering that “wow you know Kong……you might just be right”.
Nikkei_Longer_Term
You might just be right.