Is Now Really the Time to Invest?
All investments are risky as its usually about more than just money. Its really about time isn’t it? The precious time we all have on this earth can’t be sold for any price and wasting it on bad investments and business opportunities is an ugly thing. Because all investments are risky, whether business, commodities, or stocks, I think its more important than ever to focus on historical indicators when viewing current events.
A good example comes from an article which discussed the “Skyscraper Indicator” from Edward Dewey, a gentleman that lived in the 1940′s. This indicator relates the optimism of building up being followed immediately by an economic downturn. The article gives several interesting examples. This indicator apparently also promotes a massive sell.
Pretty interesting stuff. Any other historical indicators worth mentioning?
Source of article: http://safehaven.com/article-6810.htm