The Greatest Bull Market in History: New All Time Highs

With all the negative news surrounding the economy and the toxic assets that are still on the books of major banks, one unmistakable fact is the market doesn't seem to be at all interested and it continues its relentless rise, rationally or not. Could this be shaping up to being one of the greatest bull markets in history. In 1929 the world central banks were not as tightly concerted in monetary operations as they are today, and back then they did have the highly developed communications systems as banks have in in the new century. I think the DNA has changed in the structure of the markets, gone is the aphorism "No one is bigger than the markets", it was rather hard for me to accept but I beginning to take hold the greatest force next to ******* in this realm existence are Central Banks and their power of fiat liquidity. Markets will break New ALL TIME HIGHS in less than 6 months! Ask yourself why it can't and the market will prove you wrong just like it has to everyone else the last 6 months.

NOT EVERYONE!

Its a TA board, Jack. Watcha got?

Markets will break New ALL TIME HIGHS in less than 6 months! Ask yourself why it can't and the market will prove you wrong just like it has to everyone else the last 6 months.

can we get a shout of: "To The MOON!!!"...??

LOL

Its a TA board, Jack. Watcha got?

Its that point exactly.

All the significant time and price dates and low volume analysis have been proven futile.
The game has changed, is it any wonder why we had the biggest contraction and hedge fund
blow ups in the last 2 yrs.

all the bears (rosenberg,cass etc) tumbling must make bernanke smile..OTHO some contrarian bulls may be alarmed...Be it as it may, the momentum is huuuuugely bullsih

Its a TA board, Jack. Watcha got?

Its that point exactly.

All the significant time and price dates and low volume analysis have been proven futile.
The game has changed, is it any wonder why we had the biggest contraction and hedge fund
blow ups in the last 2 yrs.

NOT EVERYONE!

Long potential is 1080-1110 at present and LT 1310, there will be hic-ups along the way.

Several postings made, few read them, so I almost quit posting.
Today, we will struggle around 1100 +& -10 points, then move to 1125 where there is some res., maybe consolidate awhile but barring some large unknown, 1310ish still in the picture for next major stop.

mss

All subject to revision as "FACTS" suggest. To "the moon" is not one of the facts.

all the bears (rosenberg,cass etc) tumbling must make bernanke smile..OTHO some contrarian bulls may be alarmed...Be it as it may, the momentum is huuuuugely bullsih

Its a TA board, Jack. Watcha got?

Its that point exactly.

All the significant time and price dates and low volume analysis have been proven futile.
The game has changed, is it any wonder why we had the biggest contraction and hedge fund
blow ups in the last 2 yrs.

Game has not changed..... breadth with volume analysis has proven correct more often than not... However with volume and breadth analysis a divergence can go on for quite awhile before we fall... OEX Put/Call Ratio which has been bullish the last 2 days being over 1.5 is not that today... Equity Put/Call and CBOE Put/Call continues to be bearish as complacent bulls think the market will continue to go up.

I don't disagree the momentum is strong here.... But think the better bet is the bear for now.....


Barry

With all the negative news surrounding the economy and the toxic assets that are still on the books of major banks, one unmistakable fact is the market doesn't seem to be at all interested and it continues its relentless rise, rationally or not.

Could this be shaping up to being one of the greatest bull markets in history. In 1929 the world central banks were not as tightly concerted in monetary operations as they are today, and back then they did have the highly developed communications systems as banks have in in the new century.

I think the DNA has changed in the structure of the markets, gone is the aphorism "No one is bigger than the markets", it was rather hard for me to accept but I beginning to take hold the greatest force next to ******* in this realm existence are Central Banks and their power of fiat liquidity.

Markets will break New ALL TIME HIGHS in less than 6 months! Ask yourself why it can't and the market will prove you wrong just like it has to everyone else the last 6 months.

One thing is for sure, the FED and other central banks have found a way to directly inject cash into the market. A valve which of course can switch off, but which is highly addictive

Some of the NYSE related unweighted indices have already achieved new all-time highs:

NYSE Equal Weighted Indices

Throw in the powerful NY AD McSum 3-step (actually a 4-step) pattern carved out from the the McClellan Summation Index October 2008 low to its September 2009 high (spanning over 3000 McSum points), there is likely much more price appreciation in the coming months/years.

FWIW

Randy