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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (136101)8/29/2006 10:07:53 AM
From: Perspective  Read Replies (1) of 209892
 
Actually the bottom in 1974 didn't hold for all that long.

bigcharts.marketwatch.com

In fact, oddly enough, the bottom was put in at the beginning of July, and bounced up into October. Someone expecting a Fall 1974 low instead got a high.

Funny how a lot of people mark 1968 as the orthodox high of the prior secular bull, and the broader bear really took hold six years later. We have similar ambiguities here about marking the end of the 1980s-90s secular bull, but many will say the orthodox high was 2000. We are now six years after that high as well.

Gee, and the fun really started here in 1996:

finance.yahoo.com

Right shift the Nikkei by ten years and...

Funny how that seems to be a hazardous period during bubble bursting events.

BC
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