when S&P makes all new highs...

Discussion in 'Trading' started by empee, May 21, 2007.

  1. empee

    empee

    will ppl say we are in a 'new' bull market. The biggest reason for denial when the DOW did it was because of the way its computed. Many ppl said I want to see the S&P do it.

    What say you?

    Or are we waiting or Nasdaq to say we're in a new bull market :)
     
  2. S2007S

    S2007S

    market has been in a bullmarket since oct 2002.


    most indexes up close to 100% in only 4.5 years.
     
  3. never ceases to amaze me how (bad) traders and pundits live in the past

    correct, we have been in an amazing bull market, but they fail to really recognize it because...

    but since the nasdaq (yesterdays bull market barometer) hasn't returned to its highs - well.. people are using the wrong metric.

    look at the AMEX composite

    the transports

    the dow

    the russell

    etc.

    this is not yer daddy's bull market