Tuesday, October 16, 2012

Get Ready For The Next Cyclical Bear Market

RBC U.S. Equity Technical Analyst Rob Sluymer thinks that the S&P 500's secular move from 2000 to 2012 (chart below) looks similar to the 20-year secular moves we saw in the 1910s-1920s and 1960s-1970s. During those decades, the Dow made multiple 50%-100% moves in cyclical bull and bear markets. So the next cyclical bear market could be right around the corner with the S&P up 121% from the 2009 low. And the S&P just about retraced the entire 2007-2009 cyclical bear market, which included the collapse of the financial system.

Source: StockCharts.com



Source: Bloomberg TV

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