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3 points posted on 03/08/07

54%

Ian Lin:

-3.11%
risk: aggressive

Is this the end of bull market?

It seems like the market has been bearish for the past week. It has rebounded a bit this week, but doesn't seem quite optimistic. Is this the end of bull market?

Related to:

INDU		Dow Jones Industrial Average
SPX		S&P 500
APPL		Appell Pete Corp
COMP		NASDAQ Composite Index
QQQQ		NASDAQ 100 Trust Series I

Comments (1)

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Cas

85%

2 points commented 987 days ago reply

It depends on how you define "Bull Market" but I don't think so. Nothing has changed fundamentally in the global markets although there was some technical damage done in the last down move that will need time to be digested. I expect a retest of recent highs on the S&P500 (about 1440-1455) and probably another pullback and some consolidation before penetrating to new highs again in the Fall. GL!

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