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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer
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To: Honey_Bee who wrote (1592)10/17/2007 9:32:48 AM
From: Kirk © of 2121
 
"Ding, ding, ding! I notice that both Kirk and David give Brinker a mulligan on his THIRD call for a stock market "countertrend" rally that never materialized:"

Thanks for the reminder.

Here is another quote for your records:

September 2002 Marketimer: ""In our view, the probability of a new secular bull market beginning anytime soon is essentially zero, given the fact we are only in the third year of the current secular bear megatrend......We believe the ongoing secular megatrend we are now experiencing will see a succession of cyclical bull and bear markets lasting approximately one-to-three years each."

I find it notable that the March 2000 to October 2002 cyclical bull market ended just weeks before that quote and the markets have continued to be in a cyclical bull market that began on October 9, 2002 a full five years later.

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