Secular Bull and Bear Markets
May 2, 2014
by Doug Short
DYI Comments: The secular bear market is intact. What you are seeing is a bounce off the March 2009 cyclical bottom which is similar to the 1932 -1937 market move of it's time but much greater as the market is almost back to its 2000 high.
DYI Continues: Above is the 15 year moving average inflation-adjusted price which clearly shows an over blown stock market based upon price.
DYI
No comments:
Post a Comment