agreed. the farther back the data point, perhaps the less applicable it is today. i was just surprised by the typical length of consecutive runs positive retu

agreed. the farther back the data point, perhaps the less applicable it is today. i was just surprised by the typical length of consecutive runs positive return years (3.6) vs negative return years (1.4). Also, that if history has any bearing, 2018 will probably be a negative return year (there has never been longer than a 9 year run of positive returns).