Now the reality is no one will consistently miss all the worst days — I'm the first guy to admit our 100 % Cash call the day before the flash crash was dumb luck — but you can avoid being long for
most of a secular bear market.
Not exact matches
In the introduction to the last Bull
Bear Market Report, I further developed the thesis that an impulsive equities bull market began in November 2012:
Most analysts continue to make the mistake
of believing that a
secular bull market started in March
of 2009.
Not as
boring, mind you, as when one limits oneself (as does
most of the art world) to strictly
secular resources, but still pretty
boring.
If you are Chrstian however you will find
most of the «Christians» on the
secular sites are in fact nominal (by birth only) and not genuine
born again Christians!
As you can see, this
secular bear market was typical
of most secular bear markets, such as the one from 1966 - 1982, composed
of mostly vicious cyclical bull and
bear markets that result in a mostly sideways long term movement.
Born between approximately 1980 and 2000, Millennials have a wide age range for a generation but these variables are consistent across the group: they are the
most educated,
secular, culturally diverse and
of course technologically savvy generation in the country.