we all know we are going to have a bear market at sometime in the not too distant futher. Since 1987 there has been substaintial issues in the background, much of the time, yet we still had bull markets, much of the time. Calling when the market will turn is the hard thing.
imo there will be a strong bull market, for a good two years plus, before we enter a bear market, inspite of the current global issues.
notwithstanding such, imo in these times, it is near imposible to predict through charting long term trends because of world events, like 9/11, the japanese earthquake and the like.
there was an interesting post the other day, it was so interesting i saved it, but ommited to note who posted it:
You NEVER see market crashes when the public even so much as thinks there's a tiny chance it could happen. You see crashes when people are leveraged, are greedy, and after a solid bull trend has established.
