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


To: sea_biscuit who wrote (21956)3/25/2005 8:54:42 PM
From: burk  Read Replies (1) | Respond to of 42834
 
I've never heard him say that.



To: sea_biscuit who wrote (21956)3/27/2005 8:56:02 AM
From: Boca_PETE  Read Replies (2) | Respond to of 42834
 
re: ("after the first decline in the secular bear, the rest of the period is essentially trendless, as the series of cyclical bulls and bears plays out in the following years")

If you examine a graph of the market indexes from 1966-1982, you will see that the second and third cyclical bear markets made successive new lows with the lowest low made in the 1974-75 bear market. The next cyclical bear bottomed out at a higher low. With the last cyclical bear low made in late summer 1982 at DOW 777, the market finally launched.

P