11/7/08

Bear market monitor


This graph shows the behavior of the major bear markets since 1950 (click on graph to enlarge).

The current bear market is the most severe in terms of price decline. It declined 40% in just 14 months. If this bear market follows the pattern of the 2002-2004 bear market, prices should stabilize and rise in the next 6 months. The market could then decline again for the next six months. Time will tell. Stay tuned.

More, much more of my analysis and recommendations when you read older posts in the blog archive and subscribe to The Peter Dag Portfolio by going to https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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