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Shades of Harry Dent!
-drip
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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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Boy, that sure cheered ME up!
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Boy, that sure cheered ME up!
Heh heh. Really? Or are you just yankin' me?
I am not a prognosticator but like I said, like 'em or poo-poo 'em, the cycles are quite noticeable. Too bad they are not as precise or predictable as Months or Seasons.
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Yeah, but it's all rear view mirror stuff.
-drip
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Yeah, but it's all rear view mirror stuff.
-drip
Not really. That's why they're called "cycles". They repeat. And it's not data mining or wishful thinking.
It's the exact same chart the buy & holders use to prove their own point
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I'm sorry, but it is really. Nobody can predict the future, I don't care what you call it.
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Nobody's talking abut predicting the future
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Correction. Anybody can predict the future. I'm reading a fortune cookie right now. Nobody can guarantee their prediction will come true.
Fuskie Who notes, however, that as investors, we can examine financials, management history, behavioral analysis, cyclic patterns, etc. to make an educated guess as to what the future will bring, and as such attempt to mitigate our risk with the understanding that we cannot eliminate it altogether...
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