- The Big Picture - http://www.ritholtz.com/blog -
QOTD: When This Cycle Ends…
Posted By Barry Ritholtz On September 23, 2011 @ 10:30 am In Cycles,Investing,Valuation | Comments Disabled
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.
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2011/09/qotd-when-this-cycle-ends/
URLs in this post:
 The Chart Store: http://www.thechartstore.com/
Copyright © 2008 The Big Picture. All rights reserved.