let's not forget the actors on stage for this play we are watching,both up for academy awards,bernanke and gsax, and their understudies, bush and cheney, and the supporting cast, the oil cartels, the hedge fund managers,the mortgage lenders,your local bank,savings and loans,the fdic,fannie mae,and a long list of credits for one of the truly most unbelievable rallies in history,the party isn't over yet...fundamentals trump tech analysis every time
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was today the top of the bear rally?
- Thread starter LT701
- Start date
Quote from bh_prop:
Maybe it is, but know that Elliott Wave International claims today's top was the early stages of wave 3 down (daily degree). The last 2 times they made that call were May 7 and April 11. Since April 11 every major indice has made a new high and since May 7 the mid caps, small caps, and Nasdaq have made new highs.
Eliiot Wave International's 'got it all figured out'
yet somehow, they are notorously wrong in their calls (in their primary wave counts, anyway, LOL)
Market is nervous about something, maybe Goldman is about to drop a bomb. It's down today, the rest of the group are up smartly.
Dow has been in a 30 point range for the last 3 1/2 hours.
Dow has been in a 30 point range for the last 3 1/2 hours.