During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
April 15, 2010
In this edition of Frank Thoughts, Frank expands upon last month's topic "The Bond Market". Frank examines closely the true catalyst for the bear market in equities and answers the question: Is the current bull market "just a rally" or the start of a long-term (secular) advance for equities?
THE RALLY
The...
April 01, 2010
It's amazing how symmetrical the market can be over time. I like to call it the "Pendulum Effect*". Typically when a market swings in one direction, once it reverses, you can expect a counter-reaction of a similar degree (like a pendulum). There's no better example of the pendulum effect than the price action within the equity markets...