Have been busy with a lot of other stuff last few weeks and going on winter vacation after NFP on Friday. Before leaving just a link the following interview with Todd Harrison that have had some good calls over the years. Of course he like all of us also have had his wrong calls and maybe this if one them.
In the old S&P comparison chart the S&P are now performing a little bit better than at the same time in 2008. If Mr. Harrison is correct it could be like the hypothetical development shown below which over the next few months would bring us up 20% and above 1000 and get us in line with the 1929-30 scenario discussed many times before on this blog.
It's not my favourite scenario, but something to have in mind for the next few days .... If the move happens it would in my view still be in an environment where - at least - the 600-700 range in S&P is reached
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