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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (73580)	5/20/2010 5:26:58 PM
From: Snowshoe	Respond to of 74559

>>So based on this average this one has an average of another 6 years to run.<< That rhymes neatly with my pessimistic post from one year ago, where I feared 7 more years of the bear... For most of the past ten years I've been predicting DTTFTY, i.e. "Dow Ten Thousand for Ten Years". It's now crashed to around 7K, but the 10 year moving average is slightly above 10K so I'm declaring victory for my prediction. What now? My gut hunch is DSTFSMY, i.e. "Dow Seven Thousand for Seven More Years". That would sure break a lot of hearts! Message 25511774