What makes you think it's a bear market? LOL! By mechanical
definitions-- the price is above MA(50) on the monthly chart is one
of them, price is above MA(200) on the dailies for over 8 months is
another -- it _is_ a young bull market. That it may be over next
month after a deep slide, is another story; and unless you are
privy to the PPT plans, that projection is a guess like anybody
else's.
Where were you for the last 12 mths? A bull is a bull,
regardless of the fundamentals or what the Economists think.
Remember, the market is always right.
What makes you think this
pullback
Posted by Palladin on 8th of Apr 2010 at 11:48 am
What makes you think this is a bull market?
Title: to Palladin What makes you
Posted by junkie on 8th of Apr 2010 at 12:10 pm
What makes you think it's a bear market? LOL! By mechanical definitions-- the price is above MA(50) on the monthly chart is one of them, price is above MA(200) on the dailies for over 8 months is another -- it _is_ a young bull market. That it may be over next month after a deep slide, is another story; and unless you are privy to the PPT plans, that projection is a guess like anybody else's.
I am being cynical here to illustrate the point.
Strange you should ask this
Posted by 888888 on 8th of Apr 2010 at 12:00 pm
Strange you should ask this question.
Where were you for the last 12 mths? A bull is a bull, regardless of the fundamentals or what the Economists think. Remember, the market is always right.
Title: inflow of money to
Posted by junkie on 8th of Apr 2010 at 12:19 pm
Because of fundamentals. Inflow of money to the market, irrespective of the long or short side is a bullish fundamental.
BPT has had 95% long
Posted by matt on 8th of Apr 2010 at 12:11 pm
BPT has had 95% long trade ideas on the watchlist for 10 months, play the trend until it reverses, don't over think it.