Yes, this chart shows a lower low in 2016 than we may see in 2012. But it is not as low as the one in 2009 and it sure does follow the road map of the 1970s (the previous secular bear).
Thursday, December 29, 2011
Full decade forecast
This is the chart subscribers saw a few weeks ago and Barron's Online readers saw, albeit with some of the markings removed, in today's column.
I do believe that there is an 18 or so year cycle of secular bull and secular bear markets. The current secular bear started at the 2000 peak. This chart shows where most of the cyclical bull and bears fall within.
Yes, this chart shows a lower low in 2016 than we may see in 2012. But it is not as low as the one in 2009 and it sure does follow the road map of the 1970s (the previous secular bear).
Yes, this chart shows a lower low in 2016 than we may see in 2012. But it is not as low as the one in 2009 and it sure does follow the road map of the 1970s (the previous secular bear).
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