What kind of market do we find ourselves in at present?

Quote from GapTrader:



Depends what you are trading-look at the S&P Mid Cap- its only a few points shy of its ALL TIME high. I would definitely classify that as a Bull Market. Everything else, not really sure if you can call them rallies in a Secular Bear Market or a new Bull Market-need more evidence. What I wonder about is why is gold doing so well, doesn't gold usually go down in bull markets?
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Gold stocks move opposite general stock market about 75% of the time.

By almost all tek analysis been in a strong bullmarket [DIA,SPY,QQQ] for many months;
even September,weakest of all months may finish green.

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Streets are paved with gold.:cool:
 
Jbtrader23 when you say this is "a bull market inside a long term, secular bear market" you could apply the same wording and say that the recent bear market was inside a long term secular bull market. Thats just semantics.

And that so-called recent bear market wasn't much of a recession any way! Did no more than knock the froth off what appears to be a continuing long term underlying bull market.

Even if you want and expect the next stage to be a really cataclysmic bear market on the scale you prescribe .. it isn't gonna happen, is it?
 
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