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When folks in my family ask me about the likelihood of a giant meltdown
from these levels, I tell them in my opinion we are more likely to see the
'range from hell for 5-10 years.'
Tim Morge
At 12:33 PM 4/27/01 -0500, you wrote:
>Today I was looking at some longer term things and in
>scanning the DJIA I got the impression that earlier in
>the prior century we had a very long term bull market
>with a few minor interruptions and then some stagnation.
>
>I prepared the attached to present to you for consideration.
>
>Notice that the relative magnitude and time of the recent
>price history has ON A GROSS BASIS an analog from the
>period shown.
>
>I know it ain't the cats meow but I cannot help thinking
>that we may indeed be in a purely traders market for quite
>some time (say 4 or 5 YEARS).
>
>Clyde
>
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