Saturday, November 06, 2010 2:12:22 PM
The mother of all bull markets thanks to Shanghai
Posted by Moise Levi
http://gicharts.blogspot.com/2010/11/mother-of-all-bull-markets-thanks-to.html
Just type "Shanghai" in my blog search (see top left), and you'll notice that I use it as my leading indicator. Was able to call the bottom of the bear market thanks to the bullish break out Shanghai did in Feb 09.
You'll notice that I am also quite bullish on crude oil and copper.
I am expecting a MEGA HUGE bull market, driven by China.
Once the Shanghai index gets above the 3400 level, all markets will be on fire ..... until the next bubble ..... (I'll keep you informed if I see a parabolic rise).
A while ago I called this bear market the mother of all buy on the dip :)
Posted by Moise Levi
http://gicharts.blogspot.com/2010/11/mother-of-all-bull-markets-thanks-to.html
Just type "Shanghai" in my blog search (see top left), and you'll notice that I use it as my leading indicator. Was able to call the bottom of the bear market thanks to the bullish break out Shanghai did in Feb 09.
You'll notice that I am also quite bullish on crude oil and copper.
I am expecting a MEGA HUGE bull market, driven by China.
Once the Shanghai index gets above the 3400 level, all markets will be on fire ..... until the next bubble ..... (I'll keep you informed if I see a parabolic rise).
A while ago I called this bear market the mother of all buy on the dip :)
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