This belief that market cycles are 10 years is the gamblers fallacy in action. Just because there is a "trend" of economic cycles occurring in 10 year periods d

This belief that market cycles are 10 years is the gamblers fallacy in action. Just because there is a "trend" of economic cycles occurring in 10 year periods doesn't mean the next one will occur 10 years after the last. Also the entire purpose of laws an regulations like Dodd Frank is to prevent debt bubbles. Whenever someone says that we are "Due" for a correction they are falling for the gambler's fallacy.