Just Barely... or The Bear Came over the Mountain:
Cartoons Bears Will Like, I think.
Bear with me.
Just the bear facts.
Bear and I, go down to the water...
Let's go drink have some bears at the bear.
Where I come from,
a lot of words sound like bear.
Look for more "splatter movies" .
That's what bear markets spawn.
Clearly, this is bad news for
"The Walt Disney Company
released its first feature-length
cartoon in 1937, the year of the top of a
roaring five-year bull market
that accomplished the fastest 370% gain in U.S.
stocks ever. As shown
here by the titles listed on the top side of
the graph, these films stayed
popular for thirty years, culminating with the
ultra-sunny Mary Poppins
in 1964. ... For the next sixteen years,
as stock prices fell along with
social mood, most people thought Disneys
feature cartoons were
silly and sentimental. Indeed, the
studios productivity fell by more
than 50%.... When the bull market returned
in the 1980s and 1990s,
so did feature-length Disney cartoons that have
acknowledged classics and box-office
blockbusters. In the last
eleven years of bull market, Disney has
produced ten feature
By contrast, horror movies appear and are great hits in a bear
and Dracula premiered in 1931. Dr. Jekyll
and Mr. Hyde was released in 1932.
A bottom might have been
foretold when The Texas Chainsaw Massacre
theaters in 1974. Stephen King
made headlines in 1974 with Carrie
The Shining appeared in 1977, followed
quickly by Friday the 13th
So says Pete Kendall -
What happened next?
itself was a horror show over the next 18 months.
50% by March 2009. But Professionals were
Bullish while the Public remained Bearish. Look at
Closing Power in the chart below and the
technical comments on the right. The Pros
correct: a year later DIS was back to 34!
from Tiger's Closing Power's ability to spot the
for DIS would have taken a trader to the movies
for a long
DIS declines from 33 to 16
between April 2008 and
Led by the Blue Professional
DIS doubled between March 2009
and March 2010.
Jimmy Margulies, New
Jersey -- The Record
Steve Kelley, San
Diego, CA, The San Diego Union Tribune