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'Yahoo! Answers: Are you ready for the depression?' Marketing

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Yahoo! Answers: Are you ready for the depression?

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Aletha

Menifee, California

Yahoo! Answers: Are you ready for the depression?

The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday. “Those who don’t remember history are doomed to repeat it…there was a head and shoulders pattern that developed before the Depression in 1929, then with the recovery in 1930 we had another head and shoulders pattern that preceded a fall in the market, and in the current Dow situation we see an exact repeat of that environment, ” Guppy said.

Are you ready for the depression?

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