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Article: Bear Market Bottoms.
- Article from:
- Investors Chronicle - magazine and web content
- Article date:
- April 28, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Simon Thompson
COLUMNIST: Our companies editor has studied over 70 years of bull and bear market history and reveals strong evidence pointing towards the stock market's next major move
I have just read a brilliant quantitative piece of equity research by William Hester, a market strategist at US based asset manager Hussman Funds - I would urge all equity investors to readwww.hussmanfunds.net). Titled, Trading Volumes Separates Bull Markets and Bear Rallies, Mr Hester has carried out an in depth study of all the bull and bear markets in the US since 1940 to see if there are defining characteristics around the time of the bear market bottoms. The ...