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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: drakes353 who wrote (3107)9/28/1998 5:12:00 PM
From: Ken Brown  Read Replies (1) of 4634
 
This century I think there have only been two times where a 20% whack was followed by an additional 20+% whack ('29-'32 and '73-'74.) The other 20% whacks were followed by rip snorting bull markets.

And EVERY time the market advanced 20% two years in a row, the 3rd year was lackluster by comparison. UNTIL 1997. History is not necessarily a good guide of the future. :-)

Ken
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