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Wall Street Bear Discussion Board »» Tony Still Thinks We're In A Bull Market Viking
Tony Still Thinks We're In A Bull Market Viking
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

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Tony Still Thinks We're In A Bull Market Viking
MadisonBear - Sat, Jul 31, 2010 - 01:48 PM
So Prechter missed those 5 waves from 2009 - 2010? Undecided [ NT ]
SwingTrader - Sat, Jul 31, 2010 - 02:07 PM
Re: So Prechter missed those 5 waves from 2009 - 2010? Undecided
Joe Friday - Sat, Jul 31, 2010 - 02:38 PM
for Prechter being wrong 20-30% is no big deal
peteybear - Sat, Jul 31, 2010 - 03:12 PM
couldn't agree more Petey. [ NT ]
blacktooth - Sat, Jul 31, 2010 - 05:55 PM
from the definition of a bull mkt are we still not in one?
peteybear - Sat, Jul 31, 2010 - 03:10 PM
Tony must work with the MSM.... Jester
SwingTrader - Sat, Jul 31, 2010 - 06:08 PM

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