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To: John Madarasz who wrote (150595)2/11/2002 11:16:20 AM
From: Terry Whitman  Read Replies (2) | Respond to of 436258
 
They're declaring buy and hold dead all over. Just saw this article today-
biz.yahoo.com

Looks like another market bottom signal 2 me. The 'death of equities' articles (like in 1982) won't come until we have a Secular bear market bottom- still a decade or more away.

If the 2001 low holds- then the top of the current cycle would be 24 months from that low on average. circa mid to late 2003. If the lows don't hold- then ya have to refigure based on the lower low.

TW