elliot.baker.eb
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Hello all
I read an article the other day which got me thinking about the indices, sp500 and dowj. When you look at the all-time chart you can clearly see the two big booms around 2000 and 2007 that were followed by recessions / drops in price.
You can also clearly see that we are at a higher price now than ever before, to me this suggests that at some point in the future the price will eventually drop, if in a similar way to before then this will be a decline over a period of a year or two, before it turns up again.
So I'd like to know what is stopping anyone from waiting until you can see a clear downward trend over a period of weeks-months in either of these indices and then putting a down spread bet or going short or however it works with Indices and making a fortune as it continues its path down in value?
Why is it not this straight forward, if it isn't?
I read an article the other day which got me thinking about the indices, sp500 and dowj. When you look at the all-time chart you can clearly see the two big booms around 2000 and 2007 that were followed by recessions / drops in price.
You can also clearly see that we are at a higher price now than ever before, to me this suggests that at some point in the future the price will eventually drop, if in a similar way to before then this will be a decline over a period of a year or two, before it turns up again.
So I'd like to know what is stopping anyone from waiting until you can see a clear downward trend over a period of weeks-months in either of these indices and then putting a down spread bet or going short or however it works with Indices and making a fortune as it continues its path down in value?
Why is it not this straight forward, if it isn't?