OTCPK:MEAOD - Post by User
Comment by
mstettleron Aug 10, 2016 12:19pm
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Post# 25126722
RE:RE:RE:What we might have ahead of us
RE:RE:RE:What we might have ahead of usHi T,
It's an impressive chart the way it's been displayed. They are breaking out the current bull from the 2001-2011 cycle. So it depends whether you view the current move as a resumtion of trend or a brand new bull.
I would argue against a brand new bull as there was only a pause of a little over 4 years between the 2011 high and the Jan 2016 low - making it more of a resumtion of trend. Typically there are larger periods of time between generational bull markets (generational!).
Similarily, I would view the 1970-1980 move as one cycle rather than two.