Even if next year turns out to deliver
a further bull market gain of 20 %, followed only then by a minimal 20 % bear market decline, the return since late - 2002 would still be limited to 9 % annually.
Now, a new day dawns and as the
bulls seek to make it five sessions in a row of rising stock prices, we find that the
markets were generally higher in Asia overnight, while the
gains are incremental thus
far in London and on the Continent.