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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (1006)	6/22/2008 3:35:43 AM
From: AllansAlias	Read Replies (1) \| Respond to of 3209

The essence of the "big C" is a return to the at least the 2002 lows. It is the definition of "big C". You look at some of the financials and the count is, at best, A down into 2002, B up into 2006/2007, then C down. In a wider sense, it is a bear market for 8 years now. Sure, there are many, many charts at or near all time highs, but the broad measure tied to most mutual funds -- the S&P 500 -- has gone nowhere since 1999. I dunno if the SPX is doing the "big C". There just have not been enough significant breakdowns in many sectors yet to say that it is favoured.