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|Subject: Re: Dow 20,000 by late-2012?||Date: 6/2/2011 1:45 PM|
|Author: FCorelli||Number: 69095 of 81366|
This is sort of Harry Dentish in nature but I am not quoting his stuff here specifically.
If you look at the charts it appears we are in yet another bubble
It will be followed by another 2-3 years of "crashy-ness" bottoming sometime in or about 2014-2015. This will likely be the nominal low for a while unless we saw it in 2009.
According to almost every pundit/observer who looks at these things the "long look" indicates a generational turn around (the natural righting of the boat even if you do nothing) should start sometime in late 20-teens/early 2020's. These cycles, long and short, like 'em or not, do seem to apply.
As it is now 2011 we are probably closer to the end than to the beginning of the tribulation. The nominal low of the last bad era was 1974 then the market went up from there on the long trend even though in 1975 the worst of the other economic crap was still to come.
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