bear markets have moves in excess of 50% in history. in fact the average recovery from an excess of 45% drop for the last 100 years has been 60%. we are IMO in year 9 of an average 16 year bear which has yet to play out as ground for a new bull. this is according to studies by gail dudak, former wall street week regular.
what does this mean. the market will not see a new advance to 1500 of the spy for many years. my position is: i will wait out the results of this stimulus then get out entirely until after 2015.
buy and hold means hold your profits and then see them evaporate when the next slide comes. no thanks.
Buy and Hold Is Alive and Well [View article]
has been 60%. we are IMO in year 9 of an average 16 year bear which has yet to play out as ground for a new bull. this is according
to studies by gail dudak, former wall street week regular.
what does this mean. the market will not see a new advance to 1500 of the spy for many years. my position is: i will wait out the results of this stimulus then get out entirely until after 2015.
buy and hold means hold your profits and then see them evaporate
when the next slide comes. no thanks.