Zeev's Turnips Patch-No Politics (ZEEV)

[mjk]

We were in a secular bear after 1929 also, but 33-36 were great years, the reinflation of the bubble. 2.5 year crash into 32, 33 was huge, 34 was flat, kind of like the past 4 years...35-36 were huge...37 the bear resumed. I know, things are different, it can't happen again, etc...I've heard this quite a bit. I still believe, even with modest s&p growth next year, the market's still significantly undervalued. I guess we'll know soon enough.

http://www.amateur-investors.com/The_Stock_Market_Crash_of_1929.htm