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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Seismo who wrote (33859)	6/18/2012 11:24:18 PM
From: SGJ	Read Replies (1) \| Respond to of 219419

Bull market started two years ago. I believe we just saw the end of a run of the mill correction.

To: Seismo who wrote (33859)

6/19/2012 10:42:01 AM

From: gastrodoc

Respond to of 219419

I love this quote from Hussman today:

"Suffice it to say that in order to establish valuations consistent with prior secular bull market starting points, "S&P 500" would not just be an index - it would be an upside target."

Hussman is a moron.
I may not have a PhD, but I did sleep in a Holiday Inn Express last night.

Last time I checked, this Bull market started with a close at 675 (intraday 666). The 675 points since then qualify as a bull to me. We have not had a 20% pullback since, though we got close last summer.