But it is more likely we hold above 1320, and that will be another strong signal that this is a new bull, ie, only 7% pull backs for awhile with a big bounce, and 10% pull backs every 10 weeks or so but followed by rallies to new recovery highs
So how high would you predict that this new bull would run and for how long.
As a side note. 20 years studies woul dmean they started in 1982 the beginning of the last major bull. Might it not be equally true that your studies are biased becasue of the data. If you had started sya in 1966 would you come up with the same model ?
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