SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 340.140.0%Jan 8 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Investor2 who wrote (5329)7/4/2010 12:58:42 AM
From: marc ultra2 Recommendations  Read Replies (2) of 10065
 
<One difference between 1998 and 2010 is that the market was in a secular bull market in 1998, while it is in a secular bear market today.

While that's true I think there's an unbelievable statistic in there that can't be ignored. The Minimum gain off a mid-term election year bottom is 27% for the S&P and 32% for the Dow. Again that's the minimum in the last 50 years and that includes the 1966-1982 and 2000-present secular bears.

The average is obviously far higher but not one of them was followed by less than a 27% S&P gain.

So the only issue then is where is the bottom of this correction? The correction is currently at 16% off the 1217 high. If it proves correct that we're not in a bear market that will reach 20% off the highs, than we're pretty close to the bottom of this correction and there should be huge gains ahead from these levels.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News