RandyRuiz

History Is Neither Bunk nor Bible

Think about this. The end of the US and its dominance in world affairs has been prognosticated at every recession/depression since the 1870's. If you don't believe me google for it. I have no Idea what the future holds for this country but what I do know is that the worst investment has been one against the U.S.

On Dec 04 04:54 PM Chris B wrote:

> "Speaking of which, how long do bear markets generally last? The
> longest since WWII: 3.0 years, Crandall Pierce advises. The current
> selloff is about 1.2 years old at the moment, slightly below the
> 1.4-year average."
>
> Is it appropriate to look at US market history alone and draw conclusions
> about the longest possible bear market? How long did Japan's bear
> market last? It's been zig zagging mostly downward for two decades
> now and is now at early 1980's levels. Oversold? Then why wasn't
> that also the case 15 years ago?
>
> Things that never happened before happen every day and you have to
> do some fishing to see much repetition in history. Continued US
> prosperity is an assumption that everyone is making. Think about
> that.