This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
More evidence GSC {III} ended in 2000 - Adam Hamilton - In today’s dollars, the last S&P 500 secular bull crested well above 2125 in March 2000. The best level weve seen in the Fed’s QE3 levitation is 2075, still well under that peak a whopping 14.7 years later. So the secular-bear sideways grind is very real. And while 14.7 years is a long time, it is considerably less than the full secular-bear duration of 17 years completing Long Valuation Waves. The secular bear still lives! W
While interesting, AH above has the secular Bear wrong. By my estimates we are looking at 66 years at the GSC {IV}wave level. We are 15 years into it. 17 Y must be several lower degrees. Doh! W
More evidence GSC {III} ended in 2000 - Adam Hamilton -
ReplyDeleteIn today’s dollars, the last S&P 500 secular bull crested well above 2125 in March 2000. The best level weve seen in the Fed’s QE3 levitation is 2075, still well under that peak a whopping 14.7 years later. So the secular-bear sideways grind is very real. And while 14.7 years is a long time, it is considerably less than the full secular-bear duration of 17 years completing Long Valuation Waves. The secular bear still lives!
W
Dont tell Wags ! lol
DeleteWhile interesting, AH above has the secular Bear wrong. By my estimates we are looking at 66 years at the GSC {IV}wave level. We are 15 years into it. 17 Y must be several lower degrees. Doh! W
DeleteSafari guide: http://www.johnstons.org/roy/comics/farside/fs42.gif
ReplyDelete