resumption of the bull market?

G

gharghur2

I'm seeing a myriad of bullish technical signals just about everywhere I look: p/c ratios, vix, advisor sentiment, strong commercial buying, recent oversold levels that have indicated intermediate term bottoms, 3-year uptrend lines that have recently been touched, possibly a completion of the base building process in the SPX/DOW similar to Apr 2005, a potential washout gap down selloff in the SOX index, and five waves up in the NAZ/SPX/DOW from recent lows.

Unfortunately I can't list all the charts here. Go to:

http://spaces.msn.com/members/caldaroEW/

You be the judge!
FWIW: it's looks like pretty impressive evidence for the bull market to resume...
 

Attachments

Since we seldom talk about stocks without talking about oil, I would say that oil doesn't look like any threat and will continue its peaceful and tranquil journey in the $60-$61 range for a few more weeks.
 
Quote from steveosborne:

Since we seldom talk about stocks without talking about oil, I would say that oil doesn't look like any threat and will continue its peaceful and tranquil journey in the $60-$61 range for a few more weeks.
More...

Its below $60 now and it isnt that tranquil. I will bet you it goes lower. would u like to wager?
 
You must log in or register to reply here.
Back
Top