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World globalisation bull market begins


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#1 Tor

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Posted 03 June 2007 - 05:18 AM

Muy oh muy, what ever next ;) After yesterday's close, Russell wrote: "I believe the early part of the third phase of the bull market is now underway. This is what I call the 'worldwide globalization bull market.' This bull market is floating on massive liquidity, low interest rates, easy credit and the ability of the central banks of the world to create all the money they want out of thin air. I consider today's confirmation and record high by the S&P 500 to be an important event."
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#2 redfoliage2

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Posted 03 June 2007 - 06:17 AM

Muy oh muy, what ever next ;)

After yesterday's close, Russell wrote:
"I believe the early part of the third phase of the bull market is now underway. This is what I call the 'worldwide globalization bull market.' This bull market is floating on massive liquidity, low interest rates, easy credit and the ability of the central banks of the world to create all the money they want out of thin air. I consider today's confirmation and record high by the S&P 500 to be an important event."

He has been wrong for 5 years. Now he capitulated :lol:

Edited by redfoliage2, 03 June 2007 - 06:18 AM.


#3 Tor

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Posted 03 June 2007 - 06:29 AM

how ironic it would be if we topped here. doesnt look like we will, but if we did say.
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#4 da_cheif

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Posted 03 June 2007 - 08:36 AM

the markets out for bigger fish than russell...........theres an army of perma crabs out there to keep the boats setting out the pots.......g

Edited by da_cheif, 03 June 2007 - 08:37 AM.


#5 flyers&divers

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Posted 03 June 2007 - 08:58 AM

Before a bull market tops the cats and dogs get a huge play, when the penny stocks start popping. We have not seen that yet have we? F&D
"Successful trading is more about Sun Tzu then Elliott." F&D

#6 Rogerdodger

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Posted 03 June 2007 - 12:04 PM

Maybe if we can get enough leaning one way, we might get Airedale's July low. But it'll just be a pimple... :lol:

#7 n83

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Posted 03 June 2007 - 07:36 PM

Maybe if we can get enough leaning one way, we might get Airedale's July low.

But it'll just be a pimple... :lol:


what? the 4.5 yr 'low' ? lol..cycles are 4 yr spaced..period

(could always get a low somewhere and call it a cycle low..is it significant that is the question..and does it really look like a 4 or whatever year cycle low or just your ordinary weekly/mthly low?)

Edited by n83, 03 June 2007 - 07:37 PM.


#8 redfoliage2

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Posted 03 June 2007 - 09:13 PM

Muy oh muy, what ever next ;)

After yesterday's close, Russell wrote:
"I believe the early part of the third phase of the bull market is now underway. This is what I call the 'worldwide globalization bull market.' This bull market is floating on massive liquidity, low interest rates, easy credit and the ability of the central banks of the world to create all the money they want out of thin air. I consider today's confirmation and record high by the S&P 500 to be an important event."

SOS: chinese market is crashing. :lol:

Edited by redfoliage2, 03 June 2007 - 09:14 PM.


#9 airedale88

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Posted 04 June 2007 - 05:42 AM

Maybe if we can get enough leaning one way, we might get Airedale's July low.

But it'll just be a pimple... :lol:


what? the 4.5 yr 'low' ? lol..cycles are 4 yr spaced..period

(could always get a low somewhere and call it a cycle low..is it significant that is the question..and does it really look like a 4 or whatever year cycle low or just your ordinary weekly/mthly low?)





wow. thanks for that info. that's why we got a "4" yr cycle low last oct 06 like everybody knew was coming. 4 yrs from the oct 2002 low. 4 yr spaced. period. right?
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#10 n83

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Posted 04 June 2007 - 05:25 PM

:D

Maybe if we can get enough leaning one way, we might get Airedale's July low.

But it'll just be a pimple... :lol:


what? the 4.5 yr 'low' ? lol..cycles are 4 yr spaced..period

(could always get a low somewhere and call it a cycle low..is it significant that is the question..and does it really look like a 4 or whatever year cycle low or just your ordinary weekly/mthly low?)





wow. thanks for that info. that's why we got a "4" yr cycle low last oct 06 like everybody knew was coming. 4 yrs from the oct 2002 low. 4 yr spaced. period. right?


no actually it is the momentum low of jul 02 to jul 06 :D