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Jan-
Can yout tell us more about Swenlin? Do you subscribe?
Can you give us some idea
of what you mean by consistent? Tks for any feedback.
Chas
====
On Sat, 1 Nov 2008 18:47:30 -0700
"JHP" <jan4123@xxxxxxxxxxxxx> wrote:
> Below is the market view of Decision Point's Carl
>Swenlin whom I respect for
> his very consistent and modest approach to market
>analysis.
>
> Jan Philipp
>
> On the chart below I have identified the five secular
>trends that have
> occurred in the last 80-plus years. First is the
>1929-1932 Bear Market,
> which, although it was short, saw the market decline
>90%. Next was a secular
> bull market that lasted from 1932 to 1966, which
>overlaps with the
> consolidation of the 1960s an 1970s. In the early 1980s
>another secular bull
> market began which peaked in 2000 (basis the S&P 500).
>Finally, we seem to
> have entered another consolidation phase that could last
>another 10 to 15
> years.
>
>
>
>
>
>
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