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@xxxxxxxxxxnet>
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.
>
>
>
>
>
>