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bull market unsustainable

In any Stock Market the gate doesn't close once the opening bell is sounded. It only closes at the closing bell. Nothing is for sure in any Stock Market - be it DOW or Nik. There won't be any poor man if there is a 'sure' market!  Cheers!!!!!!!!!!!!!!!!!!  

 

Dow goes on bull oneday, then next day "kia Si liao"

 

Bull is just at d gate awaiting for it gate door to open and when mkt is down, Bull will point it way and say this is my way and my direction. Just like DOW, it will tell U for sure tomorro up or down type.

 

In order for the Market to be bullish, it has to have height as well as breadth. Now what you saw is just height w/o breadth.

The recent rally was just 'support' for the Market due to good economy data and companies' news and not forgeting the 'expected'  N-Day Rally. If you read further into the S'pore economy, you'd find that the next qtr will be not as good (sad to say so).

I'm sure down the road, there'll be some bad company reports. So be prepared for the 'unkind' Market bashings. Cheers!

 

nevertheless, the techincal correction of dow should be over if it holds abv 11100 tonite. expect a period of consolidation. the bear and bull will be fighting with one another to see who will win this months. Inflation and interest fear should be areadi factored in by the recent correction. now what would affect the stocks is only oil, avian flu and wars.

China and asia is in good "health" and so is europe thus i am rather confident in the mid to long term picture of the overall market.

 

what bull market? there isnt one now by the way. Dow and other major counters should be moving within range as they consolidate for a major move north or south. now is good times to play futures rather than stocks..

 

I don see bull coming in yet at this moment, oni a short intensive burst in rally then mkt go down on profit taking before it head north again.

 

Maybe some china fund is flowing back after they make some $$$ in BOC and the other big bank on offer is not ready yet, so can see it can din dong it movement in rally before going up again. 

 

May to Sep, maybe even Oct are traditionally weak months. Correction may last until then.

 

Think hedge funds are on summer vacation. that's why volume is low even in US. Hmmm, I wonder when the holiday ends in Europe & US.

Expect some excitments this Friday in US, and SGX next week. Looks like a good time to position yourself now to surf the wave (if there is really a rate pause on 8 Aug).

 

Lack of volume rallies cannot be sustained but stocks can collapse on thin volume.

 

Frankly, I don't see a rally yet. There isn't the trading volume to support this "uptrend". Possibly after National Day?

 

In the face of bad economic and political news and rising oil prices it would be a miracle if the bull does not skid on the oil. This rally is just a bear rally .