S&P 500 (Monthly Period), click to enlarge. |
Here are some old long term charts that I posted previously
S&P 500 (Monthly Period), click to enlarge. |
Note in the chart below the old cycle's middle line will now most likely
become the new cycle's bottom line
S&P 500 (Monthly Period), click to enlarge. |
S&P 500 (Monthly Period), click to enlarge. |
S&P 500 (Monthly Period), click to enlarge. |
My answer was:
- Steroid made the biggest bull also the widest
- The life of a bull on steroid is about 6.5 to 7 years
- It will die more peacefully than other bulls because more steroid will be injected into it again later
...and now you know why I repeated grade 1 for 20 years.