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Tuesday, June 8, 2010

Are we in for a big run up in equities?

I can't ignore stuff like this...

Although currently we, in myBullmarket are bearish and our portfolio is hedged as well against any decline, this article makes a compelling case for a nice run up...

According to TRIN indicator the bearish move looks exhausted:

June 7 2010

Of course one, under an EW perspective could argue that since we are in the largest degree wave ever pretty much, previous records on indicators, etc, are expected to be broken... we'll see to which way does it brake.
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