Wednesday, November 06, 2013

One Millionth PageView

In honor of my millionth page view (it has taken 8 years to get there...), a "What-if" scenario for those looking for a pop in this rally, next year. Outlandish enough to be plausible, but it would take a huge whallop for it to happen.

I'm of the belief a major secular bull market is about to begin - if it hasn't already.  My ideal would be a decent cyclical bear market, perhaps taking 20-25% off the highs (whatever that may be), to get this new bull market rolling. The market has 'enjoyed' a scrappy consolidation since 1998 and is ready for stability. One more awkward leg down wouldn't surprise me here.

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Dr. Declan Fallon is the Senior Market Technician and Community Director for
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