Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 08-15-2014, 06:33 AM   #21
Thinks s/he gets paid by the post
target2019's Avatar
Join Date: Dec 2008
Posts: 3,023
Originally Posted by ls99 View Post
Read the story. I am not a trader. It looks to me like some invention of the mind looking in hindsight for some explanation of some pattern.

Brings to mind the book Popular Delusions and Madness of Crowds. And the one The Wall Street Gang.

But if it makes money for some, I am sure it is a great system.
I offered up a few links to help those interested in understanding what is meant by a secular market. I know that my own education in these matters is lacking, and I usually have to search for more data, to make sure my assumptions are somewhere in the range of reason.

The article by Doug Short was an attempt at explaining the different view points about bull and bear. On financial boards he seems to be well respected as an author, and does not go into crystal ball territory. Like any good writer, he leaves certain challenges up to the reader, if they are looking for understanding.

The conclusion I drew from the well-illustrated article was that as more time passes, one can look back on the data and say, yeah, that was where secular bear began, and that is where the secular bull began. However, at this juncture, it is not so simple to project where this cyclical bull will end.

I've seen this picture, or very similar, many times. However, in this case a light bulb went on for me. It also reminded me that secular, with regard to markets, means "long period of time." I know that from my own upbringing, secular meant "worldly." Now it is clearer to me that secular also means "of time," and contrasts with eternal. Nuff said.

Most market/economy discussions interest me, as I have money in the game. I realize there is a lot of noise, and feel confident in my own signal-to-noise filtering abilities. YMMV.

target2019 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Happy Birthday to my little buddy..and Happy St. Patty's day to the rest of you! thefed Other topics 18 03-18-2010 04:15 AM
Retire on 3k per month thoughts... RJK FIRE and Money 326 09-07-2009 08:49 PM
Happy Thoughts! bright eyed Other topics 29 08-06-2007 05:29 PM
ER Worries My personal Dilemma. Any Thoughts? ShokWaveRider FIRE and Money 22 10-24-2004 07:55 PM
Your Thoughts Bozo Hi, I am... 11 09-19-2004 03:57 PM


All times are GMT -6. The time now is 10:55 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.