dow unquestionably unstable and dangerous, page-42

meerkat,

you have obviously been around long enough to have seen many phases of the market and therefore understand how wide the moves can be over time....up and down. I get the feeling that many on HC, myself included, have only ever been through the good times. 2008 has been a baptism of fire for me. but instead of living in denial I am trying to educate myself on these matters by studying historical charts and cycles.