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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,286.00
(
0.37%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.32
(
1.00%
)
Bitcoin
61,394.33
(
0.96%
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techcharter

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techcharter

Re: Joseph Silent post# 42102

Monday, 11/09/2009 10:51:50 PM

Monday, November 09, 2009 10:51:50 PM

Post# of 51804
I'm Thinking Towel Too.

I'm getting the feeling the rally out of the March '09 lows was the bottom of the bear market and a "New Bull" market has begun. The SPX, DJIA, and RUT can be counted as WAVE 4 flat from Y2K to 2009 lows. This latest rally would be WAVE 5. We know fundamentally it is weak; however there are no major breadlines and soup kitchens. The rally may even truncate.
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