The Bull Market has arrived

[BrilloPad]

Starting to look more like a suckers rally today after BoE negative statement.

I dont think the BoE was negative. I think they said "we dont have a clue. your guess is as good as ours".

[PM-Junkie]

I dont think the BoE was negative. I think they said "we dont have a clue. your guess is as good as ours".

...as is the case with certain Walter Mitty characters on this forum.

[Cyberman]

I fear a lot of those rampaging bulls will get their knackers caught on rusy barbed wire

I KNOW they will !!

[BrilloPad]

Have you read Galbraith's book about the Great Depression?

http://en.wikipedia.org/wiki/The_Great_Crash,_1929

What bit are you referring to particularly?

[BlasterBates]

Sustainable economic growth and low interest rates worldwide will spur a “multi-year” bull market in equities, led by developing nations, Fidelity International’s Anthony Bolton said in an interview on Bloomberg Television in Hong Kong.

http://www.bloomberg.com/apps/news?p...d=aZ3pNZbgcQpY

So let us now ponder and reflect again, as to whether this is a sucker's rally or the mother of all bull markets.

[BrilloPad]

http://www.bloomberg.com/apps/news?p...d=aZ3pNZbgcQpY

So let us now ponder and reflect again, as to whether this is a sucker's rally or the mother of all bull markets.

I think you should ask again at the end of October.

[SantaClaus]

http://www.bloomberg.com/apps/news?p...d=aZ3pNZbgcQpY

So let us now ponder and reflect again, as to whether this is a sucker's rally or the mother of all bull markets.

Looking at the Dow Jones daily chart, all it has done is move up to retest the down-trendline. We're now nicely back below it We havent made a new high, so I cant see what the fuss is about.

Nice divergence too, which means it was probably a false move.

And for every good news story, there is a bad one too:

Escape from recession on knife-edge as industrial output plummets