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May 05 1983

Comparing the Bulls

  • May 5, 1983

All bull markets since 1896 are examined and compared with the current specimen in terms of cumulative month by month gains. In terms of dynamics, this is an exceptional market, but hardly unprecedented. Also, all the long sustained uninterrupted uptrends of the past (like those in the 1950’s) are examined. Is this another one of those? We don’t think so. The current specimen has gone too far too fast.

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