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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (103129)2/3/2008 4:16:03 PM
From: PerspectiveRead Replies (1) of 306849
 
<its been a secular bear this entire decade>

Not for financials, not for the SPX, and not for the DJIA. Not for most stocks, for that matter. I think the secular top probably ended with the credit bubble trouble that started mid-2007.

You can even see where the Nasdaq has continued to climb its secular bull TL at a rate of 12-15% CAGR. The tech bubble was just a blowoff of the 3rd wave up.

finance.yahoo.com

The secular bear means giving up the 12-15% CAGR trendlines that all the indices have climbed for 30 years. We're just turning down into the secular bear IMO by every objective measure I've seen.

`BC
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