Saturday, July 11, 2009

Bear Market Race to the Bottom

For those of you who used to get my Bear Market Race to the Bottom updates by email from Mark Lundeen's site, this article from Clusterstock corroborates what Lundeen's been plugging away at for quite some time now.

Lundeen used to be labelled a bit of a crank for his research. That's pretty much dried up as the trajectory of this bear market has and continues to uncannily track that of '29-'32.

According to Lundeen we're in week 90 of 149 of the Race to the Bottom. Time to adjust those buy limit orders downwards ?

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