|
Tony Still Thinks We're In A Bull Market 
MadisonBear - Sat, Jul 31, 2010 - 01:48 PM
"While we are certainly not economists and could not get into much more detail than what was just stated. We do know markets and we can quantify the difference between a bull market and a bear market rally. Bear market rallies advance in three significant waves. Bull markets in five significant waves. Bear market rallies lead to hope while they are rising. Eventually, however, the problems return or new problems arise and uncertainty returns as the market declines. Bull market rallies continue to build upon themselves with corrections along the way. The economy reverses its contraction, turns strongly positive, stabilizes at a lower level, and then starts to build again as confidence returns. Despite all the doom and gloom we are not seeing a bear market three wave rally. We are seeing a bull market five wave rally!"
http://caldaroew.spaces.live.com/default.aspx?wa=wsignin1.0&sa=1385407
| Return to Board Index |
|
|
Tony Still Thinks We're In A Bull Market MadisonBear - Sat, Jul 31, 2010 - 01:48 PM
|
|