If you’re bearish: 1991 Nikkei Redux

The last great hope for the bears is that the US is actually just like Japan in the 1990s after that country's real estate bubble burst.  The chart of the current NDX and the Nikkie in 1991 look very similar.  After a strong 23% rally off the bottom, the Nikkie looked like it would run higher after piercing the 200-day moving average.  However, the breakout failed. 

NDX vs Nikkei 

That breakout in the Nikkei turned instead into a head and shoulders top.  The Nikkei subsequently retested the lows later that year. 

Nikkei 1991

52 thoughts on “If you’re bearish: 1991 Nikkei Redux”

  1. You can share some of your article, I’m like you write something, really very good! I will continue to focus on. Never done in the article comments, this is my first network comments, appreciate you sharing. Very good article

  2. Thank you for sharing !

    I’m touched to be featured in your blog. Amazing. And I am so, so very excited to be chasing dreams out in the big city. Please do be in touch when you’re out there!

    Thanks for the kind words, Huang!

  3. I tried to simply turn the front wheel via the handlebars in the direction I wanted to make such a 90 degree turn, while traveling a straight path. I noticed that I soon as a turned the handlebars even slightly I f

  4. Sometimes we don’t realize the good fortune we have or we could have because we expect “the packaging” to be different.
    What may appear as bad fortune may in fact be the door that is just waiting to be opened

  5. Cleaning can be a challenge for some self-contained models since they don’t have removable bowls. Also try to avoid any ice cream makers with canisters that have crevices where milk can sit and spoil.

  6. AND .they’re something blue for a tad bit of trdaition. I’ve been eyeing these for quite some time and think it would be totally cool to splurge on a pair for my wedding day. Then, I would only pull them out to wear them on my anniversary every year when we go out to celebrate. Now if only I could find the guy ..hmmmmm lol

  7. I hope that everyone has a safe and Happy Thanksgiving!! This year I am thnkufal for all of my wonderful experiences here in Colorado including being a part of the best CrossFit gym I’ve ever had the opportunity of training at. Much love to all of you

Leave a Reply

Your email address will not be published. Required fields are marked *