Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (41164)	11/22/2002 9:26:19 AM
From: AugustWest	Read Replies (2) of 52237

>This is a once in 72-year bear. Any comparisons need to come from the last example or the current one, IMO< That's a reasonable statement. So, what happened 3 years after the crazy 1929 secular bull market high?? stockcharts.com Just the best buying opportunity of the century. >>>> With that notion, wouldn't it also hold true than that we could go to the 1980 lows before our new bull market? I mean the dow went back to 1900 levels from '29 before starting over again. Just throwing out a thought. I doubt the Dow will go to 800/1000. But even if we go back to 1990 levels, well, I doubt we'll see that either. P.S> The Dow also lost like 70% of its value during those few years post 29. Of course one might argue that the only bubble needed bursting wat the NAZ. I dunno, I'm just learning as we bump along.

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