XJO 0.83% 7,986.7 s&p/asx 200

the bull and bear party , page-25

  1. 17,444 Posts.
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    PP

    You do make a valid point as does Robbbbbbb.

    Turning a chart upside down is an interesting exercise.

    But as you point out upside is different to downside.

    Markets probably only spend 1/3rd of the bull time in bear markets.

    Bear markets are usually much steeper than bull markets, which is why many love a good bear as you can make a money a lot faster.

    I did love your charts Robbbbbb and agree completely.

    The only other time/price point that fascinates me is the late Nov 1994/early 1995 US market blast off.

    I had that period as a cycle low and was disappointed at first at the weak pullback into that time. The weak pullback was because there was a powerful pull upwards and that suggested to me the market would surge and it did.

    All that aside, I do wonder if that isn't some attraction point for the future.
 
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