Preety much like what we 've learned from Chao Sir and Law but still the material is revealing- The Bull Market is all over in the States, according to Joe Weisenthal , The Deputy Editor of The Business Insider
(http://www.businessinsider.com/the-bull-market-is-finished-2010-6)
(1)Based on just about every other bear market, this rally is getting long in the tooth.
1929-34.2 mths
1973-20.7mths
Tech crisis-30.5mths
This Financial Crisis-now only 17mths---
(2)Compared to the great bear market of the 30s, we're right on schedule for a fall
(3)By aligning this bear with the trough, we're due for a long grind sideways.
(4)Based on the Nikkei 1997-2000, Nasdaq is again, right on time for a big fall
(5)A further look at the 30s shows that the next stage is a long sideways grinding market.
(6)longer look at 1928-1942 again reveals the same pattern
(7)The shape of these last two years, compared to 37-39 is remarkably similar.
(8)The move from 1900-1925 is remarkably similar, with its long grind sideways
(9)Same with 1973-1982
(10)Meanwhile, volatility(VIX-New Methodology) has become elevated, meaning under tradition asset allocation models it's time to pare back
(11)Copper, a leading indicator for the market, has become very ugly
(12)The TED spread -- a measure of bank confidence -- continues to climb higher
Bonus-The recent rally in the 10-year is perfectly timed for another major stock market reversal.
If the NASDAQ is Nikkei redux, it's heading to 800.
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