an tSionna {07.21.11} Market Cycles

Chart  and link courtesy of The Big Picture.  Shows how stocks cycle over different time frames between bullish and bearish phases.  As you may know we have three different time frames in which we measure stocks via our key metrics of fundamentals, valuation and money flows.

Our longest period is a secular time frame {years}.  We are bullish or NET MARKET POSITIVE in that time frame.  Our second period of measurement is an intermediate indicator which essentially looks out into the future three to 18 months.  We are bullish or NET MARET POSITIVE in that time frame.  Our shortest period we measure is less defined by time but is more heavily weighted towards money flow analysis.  In that period we are currently NET MARKET NEUTRAL.  You can go here for a definition of these terms.

Link:  Market Capitalization