Sunday, August 23, 2009

The Return of Stock Market Bubble Mania?

The week saw the Stock indices slump early week which triggered a near across the board, top to bottom market calls AGAIN (5th time?) that this time the 'bear' market rally IS over and to prepare for the resurgent bear market.

However the stealth bull market delivered another shock and awe rally by the end of the week with the major indices propelled to fresh highs, something that I will write about further this weekend as well as touch on the state of the U.S. Dollar.

Meanwhile our friends at Elliott Wave International have shared with our readers Robert Prechter's latest 10 page Elliott Wave Theorist Newsletter, within which he states that the financial crisis is NOT over and gives a warning he's never had to include in 30 years of analysis. Its Free, so grab it while you can !Your stealth bull market and real time trading analyst. 

Nadeem Walayat

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