the best you could hope for is a cyclical bull market, this
isn't a secular bull market.
Secular bears last about 12 - 18 years or so. Assuming
that 2000 ending a secular bull market, I'd expect this market to
chop around until 2022 - 2015 personally, i.e. have a 1 - 2 year
rallies (cyclical bulls), then 1 - 2 year declines (cyclical
bears)
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SPX Comparison to 1974-75
Posted by steve on 9th of Oct 2009 at 03:00 pm
Who knows how things will unfold but interesting so far.
We have been up over 150 days close to 240
Posted by moh007ed on 10th of Oct 2009 at 05:52 am
Hi Steve :
we have been up close to 240 days . How is this reflected on this chart.?
Mohammed
saw the same thing during
Posted by jbarry on 9th of Oct 2009 at 03:14 pm
saw the same thing during the last recession 01/02, chart looked the same then as well...
the best you could hope
Posted by matt on 9th of Oct 2009 at 03:24 pm
the best you could hope for is a cyclical bull market, this isn't a secular bull market.
Secular bears last about 12 - 18 years or so. Assuming that 2000 ending a secular bull market, I'd expect this market to chop around until 2022 - 2015 personally, i.e. have a 1 - 2 year rallies (cyclical bulls), then 1 - 2 year declines (cyclical bears)