Stock Market Forecast 2009 (Preview 1) using 4-Year Presidential Cycle
A US Market Timing Expert shared his Stock Market Forecast for 2009. Below is a summary of his report:
- Expect this bear market will be with us in 2009 also.
- Economic indicators show worst conditions since the Great Depression, so expect more serious recessions and bear markets in decades.
- Serious bear markets tend to last for 2 or 3 years, look back to 1929-32, 1973-74, 2000-02 bear markets.
- 1st and 2nd years of new presidential terms almost always see problems in economy and corrections in stock market .
- 10th year of each decade tend to be down year for stock market. This coincides with 2nd year of new presidential term, ie 2010
So be prepared for the most exciting waterfall ride of a life time!
But there is still hope of a potential bear market rally coming. Not now.
But when? Just keep yourself updated on my blog posts! Wait for my S.M.A.R.T. List to give the buy signal!
Read Stock Market Forecast 2009 (Preview 2)
Crystal Ball - Stock Market Forecast 2009 - Yin Earth Ox
