OK, OK I'll stay awake til the big short, which looks like its
coming up pretty soon. THEN I'll take to my bed. Wake up 2017, sell
my gold, buy back my shorts (there's a nice potential pun in there)
and head for Barcelona, if it still exists.
That's a really great chart. Matches up well with Matt's
secular bear bottom in the coming years. Not only has price
been following this prediction, but sentiment towards stocks has
been on a steady decline (despite this monster rally); imagine
throwing in another cyclical bear market or two? Nobody will
want to touch stocks -- hopefully P/E will be single digits at some
point in the coming years.
Stocktraders Almanac LONG range look.at the Market.
Posted by rbreese on 28th of Dec 2012 at 12:37 pm
http://blog.stocktradersalmanac.com/media/image/AIN_0113_20121218_Next15YrsDJIA.jpg
Wake me up in 2017
Posted by sbwoman on 28th of Dec 2012 at 01:18 pm
Wake me up in 2017
And you will miss the
Posted by rbreese on 28th of Dec 2012 at 01:37 pm
And you will miss the best shorts since 2007 top.
OK, OK I'll stay awake
Posted by sbwoman on 28th of Dec 2012 at 01:47 pm
OK, OK I'll stay awake til the big short, which looks like its coming up pretty soon. THEN I'll take to my bed. Wake up 2017, sell my gold, buy back my shorts (there's a nice potential pun in there) and head for Barcelona, if it still exists.
You have to be kidding.
Posted by rbreese on 28th of Dec 2012 at 01:36 pm
You have to be kidding. Markets go down faster then up.
Wake me up in 2017
Posted by tomW1 on 28th of Dec 2012 at 01:35 pm
LOL!
That's a really great chart.
Posted by kalinm on 28th of Dec 2012 at 12:47 pm
That's a really great chart. Matches up well with Matt's secular bear bottom in the coming years. Not only has price been following this prediction, but sentiment towards stocks has been on a steady decline (despite this monster rally); imagine throwing in another cyclical bear market or two? Nobody will want to touch stocks -- hopefully P/E will be single digits at some point in the coming years.
I will save this chart
Posted by xxnileshxx on 28th of Dec 2012 at 12:44 pm
I will save this chart as refrence just for fun. Another cycle I follow is solar cycle major sell offs at the tops and bottoms in the cycle.