So how long is a bear market?
No, not like a piece of string.
12 to 14 months is common and not surprising given Armstrong's legs of 392 cal days or 12 months 27 days.
Examples are the 1937/8, 1973/4 and even our 2002/3 declines etc.
My feeling is the US markets have already started a bear and this time next year seems likely as a low.
Housing data with its 12 month lag and Chinese repeating action of last decade and even BHP's past record agree.
I envisaged next March as the low and maybe it is, but I am now open to a later possiblity.
- Forums
- ASX - By Stock
- XJO
- wednesday wobbles
wednesday wobbles, page-29
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,980.4 |
Change
9.300(0.12%) |
Mkt cap ! n/a |
Open | High | Low |
7,971.1 | 7,990.9 | 7,950.6 |
Featured News
XJO (ASX) Chart |