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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST
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Winfastorlose
To: stsimon who wrote (144826)5/3/2020 8:48:03 AM
From: Brian Sullivan2 Recommendations  Read Replies (1) of 218663
 
He said to never bet against America as long as you have a twenty year time horizon. He also spent considerable time discussing the crash of 1929 and the subsequent countertrend rally. In 1930 no one seriously believed they were going into a depression,
Sounds like he believes that today is 1930 and that if you have a 20 year time horizon then just like 1950, America will be on top of the world.

Unfortunately most of us don't have a twenty year time horizon.
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