redback report, week ending 7 december, 2012, page-7

Thanks Redbacka

I too think we are in a "cyclical bull in a secular bear." and feel we are approaching the final phase of this cyclical bull

Though stuff like QE and easy money is distorting and dragging this final phase out

I dont expect a new Global Secular Bull until 2015-2018 but think that the bottom of the coming Cyclical Bear will be the last time we see those low levels