Yes they would affect the bullish trend of the World Stock Markets. The Great Depression Episode II is coming. :eek: You and Me out of work! You would like that to happen! No Bid all over the World. No trading whatever. Elliott said Grand Super Cycle Correction will be in 2012. It may come in 2008, only 4 year early. If you like.
Don't know why P&F is still bullish! http://stockcharts.com/def/servlet/SC.pnf?chart=$SPX,PYTADANRBO[PA][D20080301][F1!3!!!2!20]&pref=G
we closed above the 2/07 2/22 trndline which on fri was at 1330, thats bullish if you ignore fundamentals and mrkt sentiment and if spus drop from 1389 to 1325 in 2 days thats usually oversold, i think its only bullish for a short bounce
Can't comment on that, Susan. I'm sorry. Posted by mu200411 on 09-27-07 08:29 PM: (Disclaimers : For Educational Use Only :http://www.minyanville.com/company/disclaimers.htm)
Some fundamental support for a technical rebound. Libyan: OPEC won't alter production. http://money.cnn.com/2008/03/02/news/international/bc.apfn.opecmeeting.ap/index.htm Interest rate cut again? Airbus CEO frets about strong euro - report http://money.cnn.com/2008/03/02/news/international/bc.apfn.germany.airbus.euro.ap/index.htm Northrop-EADS group wins $35B Air Force contract High EUR/USD is good for US economy in the long run!
"W" pattern and 1-2-3-4-5, if confirmed will be a good buy. If not, will be a goodbye to the Bull Market. India to Waive $15 Billion of Farm Loans in Budget (Update3) http://www.bloomberg.com/apps/news?pid=20601091&sid=atJZyPaFnXm4&refer=india