It’s times like these, when the markets are near all-time highs, that Wall Street loves to trot out the idea that “You Can’t Time the Market.” In addition, we have seen that bull markets may run for seriously long periods of time while bear markets are rather short in comparison. But you won’t see articles or books touting “Buy for the long haul.” at market bottoms. Sentiment “goes with the flow.” That is why it takes so much time and study to master the market. This chart is not attempting to predict anything. However, if you believe Mark Twain, “History doesn’t repeat, but it rhymes.” Then you may understand that everything runs in Cycles.