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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: lightwave51 who wrote (15066)9/30/2001 12:04:24 PM
From: lightwave51  Read Replies (1) | Respond to of 42834
 
Q. So you see this going on for quite a while?

A decade. I think the market could be flat for 10 years.

Over 104 years of Dow Jones market history, excluding dividends, all the return
was earned in three secular bull markets: 1921 to 1929, 1948 to 1966 and 1982
to 1999. The other 58 years generated a negative return. Had you invested in
1929, it took you 24 years to recoup your initial investment. It took you 27 years
if you had invested in 1966, after inflation.



cbs.marketwatch.com.