THE NEW "NEW" BULL MARKET

Using some standard TA, and longer term moving avergaes, which called the 2 prior bear markets and bull market (affter they began but within a few months) it has issued a NEW BULL MKT for the current rally from March.

Sometime you have to leave fundamental arguments AT THE DOOR and look dispationatley at what the charts are saying, not necessarily WHY!

This cannot call a top nor bottom in advance (can anything?) with certainty, but if it was good enough for the prior 3 major mkt trends, why not now? I was able to use other things to call prior 2 bear mkts BEFORE they took a toll....one was Transports divergence.

This bull mkt was created by the FED and GOV stimulus, it is not getting to the real economy, unemployment continues to climb and jobs not created, this record setting intervention is causing another ASSET BUBBLE and blowing bigtime into commodities.

It has crippled the $, and is casuing huge waves of maladjustments and is going to END badly.....but my guess is its comeupins is next MArch or beyond.

Knowing this is an asset inflation with NO SUBSTANCE gives me cause for caution, but it doesn't mean they can't keep it going even as the economy deteriorates.

NO TEST OF BOTTOM is cause for concern, but that TEST may come much later than bears think. I beleive the END of this SECULAR BEAR will come in the distance and it WILL break below the March lows.....because of what is happening now...the FED is playing a dangerous game here.

You don't have to play every market, many have stayed out, they dont see any improvement....but the FLOW is going into the markets....INSTEAD of real economy....and this will have to be UNWOUND.....WHEN THAT DAY COMES>>>>>>>>>>>>G-D HELP US ALL

THE MUTHA OF ALL BUBBLES IS BEING BLOWN NOW>>>BEWARE, BE WARNED...we have a technical statistical BULL MKT....and not much more (my chart contains some data I do not wish to make public...sorry)


Duratek