Hi Paul, I really don't understand your post. I
think that I'm one of the most unbiased analysts out there. I
am neither ultra bull or ultra bear, I go with the flow.
My comparison to 2004 was just that, an interested comparison,
especially the day how they were 1 point away from each other, but
that in itself is meaningless, just kind of funny how 6 years later
the SPX on the same day of the month was 1 point away from 2004's
date, also shows you how buy and hold is dead,
this is a secular bear market! and that's what secular bear
markets do, they go sideways for 15 - 18 years
But that's it, I wasn't saying oh the market is like 2004 and is
going to have a major bull run etc. it was a comparison. Please try
not to take things so out of context. The market can do
anything it wants to, it can crash this year or hold up and break
out,
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Hi Paul, I really don't
matthew
Posted by matt on 17th of Sep 2010 at 10:16 am
Hi Paul, I really don't understand your post. I think that I'm one of the most unbiased analysts out there. I am neither ultra bull or ultra bear, I go with the flow.
My comparison to 2004 was just that, an interested comparison, especially the day how they were 1 point away from each other, but that in itself is meaningless, just kind of funny how 6 years later the SPX on the same day of the month was 1 point away from 2004's date, also shows you how buy and hold is dead, this is a secular bear market! and that's what secular bear markets do, they go sideways for 15 - 18 years
But that's it, I wasn't saying oh the market is like 2004 and is going to have a major bull run etc. it was a comparison. Please try not to take things so out of context. The market can do anything it wants to, it can crash this year or hold up and break out,