So only 10 yrs before the next boom Hoop.Time to accumulate :sleep:
Printable View
After the Brexit dip a rosy record breaking rally occurred..Reported earnings has dampened the euphoria a bit.
Some media are starting to bang the bear drums again....then along comes this interesting chart pattern..a possible continuation pattern...if the breakout is upward then we may see 20,000 in quick time...
Who cares what the fundamentals says when you have Janet and maybe Mr Trump at the helm..eh?...
http://i458.photobucket.com/albums/q...2004082016.png
Update...Today saw all 3 Wall St indices breakout to another record high
DOW chart below
http://i458.photobucket.com/albums/q...2011082016.png
Still DOW is unstoppable. My only worrying part is we don’t see rich valuation in some stocks. It is going to be one of the longest rally. It is possible to touch 19,000. However, it can touch even 20,000 according to the following link. Only time will tell us the true story.
http://www.marketwatch.com/story/the...ast-2016-08-10
They will ensure the 'wave' keeps going at least until Hilary is elected - she is the symbolic face of a 'recovering economy' (measured by dodgy job numbers and never-ending adjustments to quarterly GDP numbers) which ensure the money go round keeps going round
But one day .......