You are so CORRECT with this observation, IMHO: Before this full cycle ends, will the March 2009 lows hold?
Ron Griess of The Chart Store fame makes the following observation:
“[Its possible that] the current phase swoon ends 1,010 to 1,100, year end stabilization/rally (right shoulder builds) and the final wipeout commences sometime next year.
It is amazing how many long-term bottoms are made in years ending in 2. 1932, 1942, 1962, 1982 and 2002 come to mind.”
Great stuff, Ron.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.