History (Comparisons to past eras)

The Lessons Of History, Circa 1928 – 1936 (18:04)

Posted on March 31, 2020 - 11:53am

By Lawrence G. McMillan

This article was originally published in The Option Strategist Newsletter Volume 18, No. 4-5 on March 5, 2009.

I’m a numbers guy – degrees in math and all that – so I get a lot out of looking at charts, tables, and so forth that show past market behavior. That also makes me a technician. But it always amazes me how people can look at the same set of data and come away with very different conclusions.

Past performance is not necessarily indicative of future results.
Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts.
Visit the Disclosure & Policies page for full website disclosures.