XJO 0.10% 7,767.5 s&p/asx 200

another bubble run, page-119

  1. 17,444 Posts.
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    I could show you a couple of charts but I am charted out for the moment, lol.

    The point is that looking back to 1875, it appears that sure we have had longer bull markets than '82-'87, by quite a bit, but '87 gave such a spike above long term trend and Bollinger bands, that other bull markets have never seen in 130 years.

    So sure it could happen again, but not likely.

    This bull market may endure for 20 years as some have, but another such spike so soon would be against the odds IMO.

    Although I see 14,000 as an '87 equivalent, the trend is more like 7,000 this year and 9,000 next etc if it continues.

    Maybe it does a bigger spike, who knows.
 
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