SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (15549)8/9/1998 1:42:00 PM
From: G.T.  Read Replies (2) | Respond to of 116789
 
13 years to break even !!!
Richard, I enjoy reading your posts. Most people have been conditioned that bear markets will only last for a year or so at the longest. With the current over valuations the next bear looks to rival the current Japanese condition or even the 25 year run from 1929 to 1954 to get back to even. We get to see it all unfold before our eyes, while twenty years from now there will probably be a course offered in school on signs to watch for a pending bear market. It's human greed and momentum moving the market higher. You can bet when the bear arrives and grinds their money away, people will become very reluctant to put money back into stocks for a very long period of time.



To: long-gone who wrote (15549)8/9/1998 3:37:00 PM
From: IngotWeTrust  Respond to of 116789
 
Seems like that 13yrs is the average, Richard. That means some bear mkts lasted longer...

If I remember correctly, the cite for this info is in the Trader's Almanack that John Murphy, CNBC's former technical wizard now on his own website murphymorris.com
usta refer to upon occasions.

How's that job search a comin'?