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This is Ralph Acampora's terminology, or at least I know how he uses it (I
do not know if he invented it.). Since I have had the pleasure of teaching a
technical analysis seminar with him, and have heard him speak many times, I
can tell you what HE means by it:
Cyclical bull market - Relatively shorter term (several years) long.
Typically relating to a business cycle.
Secular bull market - What we have been in since 1982. Long term change in
the valuation of equities.
He termed the 1998 drop as a cyclical bear within a secular bull.
Steve Poser
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Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
swp@xxxxxxxxxxxxxxx
Tel: 201-995-0845
Fax: 201-995-0846
-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Phil Lane
Sent: Friday, June 16, 2000 12:01 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] accidently listened to cnbc
and now i have some nagging questions:
What the hell is a "secular" bull market versus the regular kind? Same
question for a "cyclical" bull market.
in all seriousness,
Phil
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