Tuesday, March 16, 2010

As bull market turns 1, is it time to party, or worry?

It is hard to kill a bull market in its first year of life. The last time a baby bull was buried on Wall Street before celebrating its first birthday was during the Great Depression.

Ah, the desperate need to be in a bull market. Depressionary boxes are characterized by bull and bear markets to nowhere. Gen-Xer's can draw the analog from the Karate Kid, 1984. Leverage on - leverage off, Danielson!

1929-1944 & 2000-Present Comparison: S&P 500 (Nominal):


Source: usatoday.com

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