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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
1404 peut-etre @ 50% ret of move up from 1321 low to 1487 high. C'est ca et bon chance
Prior rallies without a 10% decline were seen in Mar 2009- Apr 2010 (59 weeks) and June 2006 to July 2007 (56 weeks).
rally starting in March 2009 lows has now lasted for 17 quarters, nearly matching the 18 quarters from autumn 2002 to autumn 2007.
http://www.cityindex.co.uk/market-analysis/market-news/11021512013/sp500-trend-breadth-analysis/?cid=0000215115
Ashraf
this is not FB joke. however, depends on macro enviroment, but worth a large bet like apple/google were.