It will be interesting to see which resistance we have to break in order to be in a definite Bull market again. I think from this point reaching $500 is the first big step. After we go through $600 and $700, there'll be no holding back anymore!
Sure. At which point do you think we'll be entering a solid and sound bull-market again? Just going back to $300 levels isn't enough. $400? Nah.. don't think so. But going steadily towards $500 for a couple of months would be a very positive sign!
Bull market? After that little charade we just witnessed? This market is in firm hands now. London ate your breakfast and Wall Street is eyeballing your lunch.
Well we can't be going down forever. That'd be just stupid. Even bears wouldn't profit from a market that's only going down. If there's a chance for an honest and sustainable rise, they'll get on board. At some point there'll be a bull-market. But you're right, I'm not sure we're quite there, yet.
