Its,
Agreed batman was a joke but he was a hero on the way up from 2000-5000. Now there were other more serious bulls who were wrong too. My point is that some of these extreme bears base their extreme and always lowered projections on a coming depression which they view as inevitable. I suspect that a depression is not inevitable at all, thus doomsday projections a la 29 are way off base. Having said that i am no raging bull. I see a bumpy road ahead with a market range bound over the next couple of years. I think we are at the low end of that range for now. If zeevs cyclical bull appears naz will go back to 2000, a nice return from these levels. Of course this assumes no depression. marv