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Stock Market Cycles, Part 4: Primary Cycles

Good report. Of course, the average cycle data is misleading since even with sd one can not use the averages to chart a course. In general, it is about what we should have expected: an historical bias toward short violent declines with notable exceptions . That is good news, maybe. Relating that data to the ECRI leading indicators data just out showing a dramatic decline last week, suggests the market might be heading towards some sort of bottom in the next few quarters, Or we have an outside chance to make history, in terms of your study, by having a longer and more violent decline than has occurred in time period studied. Thank you very useful analysis.