Why The Bear Market Bottom Is Not Yet In

[The Masked Tulip]

Well, this is all doom and gloom or a bear feast depending on your POV.

http://seekingalpha.com/article/146984-why...m-is-not-yet-in

Before the bear market is over, the DJIA is likely to decline by at least 60 per cent – perhaps something more than 80 per cent (given the current level of earnings and replacement value of assets.

Hyperinflation scenario

That would take the Dow down to 2,800-5,600 points, sometime between 2009-2014, according to Napier. Recently the hyperinflationists like Dr. Marc Faber and Jim Rogers have suggested that inflation is likely to come to the rescue of share prices and support the Dow in an economic recession.

Edited July 5, 2009 by The Masked Tulip

[domo]

http://tal.marketgauge.com/dvmgpro/charts/CPERATI.GIF

Valuations are extremely high

[Georgia O'Keeffe]

Well, this is all doom and gloom or a bear feast depending on your POV.

http://seekingalpha.com/article/146984-why...m-is-not-yet-in

now this i can agree with, in fact id go with sub 2000 points by 2014, however like any investment it is all a matter of timing and theyre not exactrly going out on a limb with their forecast of between now and 2014, i still say above 9000 this time next year

[interestrateripoff]

Nine years is short for a bear market as these cycles can last up to 14 years. When Napier wrote his book in 2005 he said we would need to see four things before a true market bottom emerged: a bond market crash, a recession, lower interest rates and a general price disturbance (inflation or deflation) leading to a final bottom in share prices.

There's a long time to go yet then.