a) pattern-matching like this isn't a good way to predict markets, at least in part because you're ignoring most of the uncertainty involved and also because of a selection bias/Texas sharpshooter fallacy effect where you can pick arbitrary ranges and line them up like this
b) we've been in a pretty damn long expansionary period. if you're not prepared for a recession now, that's on you (and no, this isn't a gambler's fallacy, because the longer the expansionary period the more likely it is that there's something sketchy and undetected going on in the background that's going to fuck it all up... plus markets have corrections)
d) let's put this in another perspective:
your meme is saying that the stuff near the left of that image kind of lines up (if you mess with the scaling a bit) with the stuff near the right. congratulations, you learned how to make contrived comparisons by adding arbitrary scaling constants until you get something that looks good.
TL;DR: this is literally you- https://www.youtube.com/watch?v=NLjWJy5IXQU
Edited 8/15/2019 03:37:06