During those years, a market used to last about 9-10 months. In 1990 we had a bear market which took 3 months.

It certainly is a bear market,

It's just the style of the last 15 years, ... Because of the long-term bull cycle, the bear markets are very short.

Those new stocks haven't really helped all that much, but I don't think they've actually hurt all that much, either. Their formula for picking stocks isn't the end-all, but it's what people know.

We're seeing things we've never seen before, where one day the Dow is up 100 and Nasdaq is down 100, and vice versa,

Election years are traditionally up years,