Sunday, March 14, 2010

HOW LONG WILL RATES STAY AT RECORD LOWS?

FED MEETING THIS WEEK



ANY change IMHO might kill rally, but not usual for new highs surging, advance decline line new highs signalling ANY kind of imminent major top.



I put up the charts of the 2000 and 2007 tops so you could see they dont always form alike. 2000-2001 had some WILD swings before finally taking a nose dive to the 2002 lows.



AFter over 20 years of a major advance 1980-2000 or one could argue top of SECULAR BULL was 2007....is usally followed by 10-120 equal lean years.



2002 lows were violated so IMHO the NEW low gets tested...someday.



D

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