Tuesday, October 5, 2010

Are we just in the middle of a long term bull market?

Take a look at the following charts. The first two show charts show what the NYSE and the Advance/Decline Line had looked like at the end of the second week of October in 2004 and the preceding 28 months or so. Now take a look at the same two charts from this trading week which will end on the 8th of October. Nothing else needs to be said!

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