As someone who has been trading full time since 2004, I can assure you that the 2003-2007 bull market was much much larger and stronger than what we have seen so far. The XSO chart below shows a total of 7 powerful advances with 5 shallower retracements and one very aggressive retracement before the ultimate high in 07. In comparison the current run in the XSO has only 2 strong advances to show with one shallower correction which lasted several months. Even the run up from the 08 lows in to 2011 was stronger than now showing 3 strong advances and 2 shallower pullbacks....
for example the lithium/cobalt/medical cannabis bull run of today pales in comparison to the Iron ore, Oil/Gas, uranium, copper/base metals and coal booms of 03-07.
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