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DJIA

As you can see below, sometimes after a "mega bull run" such as we've had
between 1982 and 1998, there are long periods when the markets have moved
sideways to down. Ralph
Acampora, published a book back in 2000 entitled The Fourth Mega-Market,
Now Through 2011. He notes that the three previous 'Mega Markets" were:
1) 1877-1891
2) 1921-1929
3) 1949-1966
Interesting to see what
happened after each Mega Market.
1966 was followed with
15 years of basically moving sideways. Sure would hate to have my IRA
"indexed." Talk about stress.

Then of course you have this period 1929-1954, when new highs weren't
made. What happened to those who planned to retire in 1925, or 1927, who
thought they could hold "long enough" and things would be ok? Yeah, 25 years
later.......that's a bummer retirement.

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