Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (10319)	7/23/2002 12:37:13 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 17639

After the '29 crash, I am not aware of any sectors that were bullish....until the market bottomed out in 1932. The rally which began in 1932 was extremely powerful and broad based. Here is an article written about that period......the charts have some interesting info about long term trends. About halfway through the article there is a discussion of how there were predictions in Jan. 1930 that the market was attractively priced from a fundamental perspective, and yet the recovery was more than two years away from starting. Even in hindsight, there is no way to dispute the fundamental arguments made at the time; the psychology of the market, however, had not yet recovered enough to sustain a rally. j-bradford-delong.net That rally came approximately 2 1/2 years after the crash began. The present crash began two years and four months ago.