monday trading, page-29

Im going to say if any drop occurs it will be based off a technical completion pattern.

This is a good site from an elliot wave perspective:

http://danericselliottwaves.blogspot.com/

The rally from the March lows was always on the cards to suck people back into the market, the only questions were:

1. How high was it going to go?
2. How long were they going to keep it inflated for?

There are number of factors to suggest that we are in a new bull market, but to me there are even more factors to suggest that we are in the topping process of a bear market rally.

The system is broken, printing money in order to keep the house of cards from collapsing is a flawed approach.