Bear Market Rallies and Lessons of History [View article]
The link I gave above to the technical chart in my original comment was truncated - here is a short link: tinyurl.com/y97866v
Regarding recovery, I am not wearing rose colored glasses. The damage done by this bear can take 5 - 10 years to repair before we begin another secular bull. However there will be many money making opportunities as long as you dance without too much baggage and make a quick exit when the technicals turn bearish.
Note: The greater the depth of a cyclical bear market the longer it takes to recover. This analysis backs up this observation.
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The link I gave above to the technical chart in my original comment was truncated - here is a short link:
Nov 01 18:33 pm
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All Comments by E Nuff Sed »Bear Market Rallies and Lessons of History [View article]
tinyurl.com/y97866v
Regarding recovery, I am not wearing rose colored glasses. The damage done by this bear can take 5 - 10 years to repair before we begin another secular bull. However there will be many money making opportunities as long as you dance without too much baggage and make a quick exit when the technicals turn bearish.
Note: The greater the depth of a cyclical bear market the longer it takes to recover. This analysis backs up this observation.
www.scribd.com/doc/180...