Replies to post #55621 on GoodFellas Big Board Catalyst and Chart Plays

[deadjim]

Look up business cycles.. there's math behind it. 20 years. It's been this way for hundreds of years.

If you pull up the Dow Jones for the last decade you will see what I believe to be a channel between DJI 14k and DJI 7k. We are at the top of that channel... so while I think DJI 10k is inevitable, I think 8k most likely. That's when you get bullish the market.. not up here, in my opinion.

If you want a pattern to compare it to, look at the 70s decade. Then call that Rally that started March 1970 a bullmarket, and you will be the one stuck in it when it tanks 4 years from then. Bear market rally this is. Nothing more.

I'm not GOD, I don't know when it's going to happen. SOON, though : ) Cheers.