Went over 1900 today - that's good
Next stop 2000 - even better
Go Janet .... your brief is to keep the merry go round going until the next election isn't it
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Went over 1900 today - that's good
Next stop 2000 - even better
Go Janet .... your brief is to keep the merry go round going until the next election isn't it
Where is marketwinner? We need his input badly Winner69.... I am missing out on the Moroccan and Pakistani index news.
...despite the Monday break-out in the US indices, some strong warning comes out of Japans Nikkei -at the start of a down trend in the longest monthly time frame- and so far refused to follow the US lead in any much noticeable way
All other Major Asian Indices took the US lead and recovered spectacular out of a smashed Close last Friday.
So the problem am having right now is a totally overbought situation in the US and Asia in the long term monthly and the start of a down trend in the Nikkei in the long term, while the short term is bullish with a break-out. Something is not right here.
Definitely, looking forward to a continuation of the 5-year old bull market -BUT AFTER a 10 to 20 (%) smash hit within 2014-. In the mean time, selling into whatever strength appears and NOT adding anything 'long'
Kind Regards
aha the Nikkei been waiting for US Confirm -see if 1989 support holds....-
Kind Regards
...so far *1869 holding into todays Close
Looking forward to see inflowing option liquidity levels before the Open tonight
Anyway, in terms of trading, still covering potential upside
with 'Nikkei Longs'
Cash reserves at levels that allow collecting on more downside
kind regards
..bull/bear fight
-option liquidity inflows inconclusive
-institutions in/out of accumulation/distribution
...am remain bullish and expect a break-out to the upside soon, but a correction waiting in the wings
-trading accordingly with upside covered and large Cash reserves to buy the downside
kind regards
We are on the cusp of a new bull market
A real bull market, a secular one
The bear is dead
From
http://d21uq3hx4esec9.cloudfront.net...40518_TFTF.pdf
It seems this secular debate has resurfaced.....It doesn't quite make secular sense...however it did happen back in 1933 to 1936 when there was a theoretical question mark about a quick fall to CAPE of 8 and up again creating a 4 yr secular bull...
Could a quick fall CAPE to 17 up to bull death zone (23) around now be described as a new secular bull ..I guess all rules are made to be broken and a secular reversal at 17 breaks Easterling's rule of having to be below 10...If it is truly a secular bull since 2010 then its ready to die prematurely as only one secular bull has lived longer than beyond CAPE 23 in the last 113 years..
Easterlings counter argument supported by behavioural evidence still supports the secular bear view...but the FED's regulatory effects which has caused a cut in the Equity/Economic system network communication channels has thrown a spanner into Easterling's works..eh?
Remember AORDS ginormous index rise with falling CAPE from 2003 to 2007 ...so it is very possible for the Equity Index to rise above the familiar trading range flat tops pattern behaviour of it's secular bear cycles..