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<p>[QUOTE=&quot;GDJMSP, post: 938230, member: 112&quot;]No, I don&#039;t. That&#039;s because bear markets, what we&#039;re in right now, have a tendency to last anywhere from 5 to 10 years. We are now barely beginning our second year of the current bear market. My expectation is that we have a ways to go to the downside yet.</p><p><br /></p><p>Take a look at the 3 year chart for the market as a whole - </p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/index5graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Now compare that the 3 year chart for the Morgan/Peace chart - </p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/mpeace5graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>That upturn you see near the end of the Morgan/Peace chart was the result of dealers trying to stop the slide by doing large promotions. It started in Jan this year. It worked for 2 months, leveled off for 2 months, and has now been dropping again for 2 months. In just about any market you care to analyze that indicates that we have not seen bottom yet.[/QUOTE]</p><p><br /></p>

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