Good going. We will get corrections along the way, of course, but bull runs before major corrections in the 2001 to 2011 period were from 5 to 9 months. Major corrections which are mostly channel-trading events could last a year to 18 months. You can see it all quite clearly on a monthly chart of the HUI.
My PF closed at the high of the day. Very unusual. Not sure how much longer this can go on – I am up 20% overall just in the last three trading days.
Good going. We will get corrections along the way, of course, but bull runs before major corrections in the 2001 to 2011 period were from 5 to 9 months. Major corrections which are mostly channel-trading events could last a year to 18 months. You can see it all quite clearly on a monthly chart of the HUI.