It forced me to consider the possibility,even I'm unwilling to say, that we could be emerging in "all clear" mode for bulls. -- Well, I'm HOPING a retracement will occur but it did not happen at all. It will happen one day, maybe tomorrow, maybe next week but not for now. With a very, very fast and decisive upward moving, I guess all bears are screaming to escape.
Without any doubts and hesitation, I must tell myself clearly this time: Bulls own this market, no more bears.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Friday, July 24, 2009
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