talk to very few traders that have been around since 1997. I bring this up because there is some talk out there about how similar the situation in the US is right now to Japan and the rest of Asia during the crisis of 1997. But what does that mean and is it useful? I think it is definitely useful as we try to understand what to expect in the near term. The similarities include a real estate bubble, crushing bad debt and private debt explosions. It was also preceded by bank stocks and currency devaluations. Sound familiar yet? In today's video I will show you, on the charts, what this looked like back then and you can ... (full story)