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

To: DD™ who wrote (49683)	5/5/2013 11:12:46 AM
From: GROUND ZERO™	2 Recommendations Respond to of 218730

Very excellent video... I don't think I would say Ralph sees things "much differently," in fact, he's not disagreeing with Dan's article at all... the difference is that Ralph is looking ahead another 4 years to 2017, Dan is looking at the market much more near term as a trader... frankly, I think both of them are correct in their assessments considering the scope of time frame in their perspectives... Ralph discounted the near term in that video, so he doesn't deny that the FED is fueling this rally to generate a "feel good" market environment... There's no debate at all, I agree with both guys... I think Dan is right near term, that we'll eventually see a serious decline at some point... of course, near term, this market is waaaaaaaaay over done and ripe for a decline, but then, after that decline is over and we enter the bull market season again in November, this market is very likely to see new all time highs... Ralph doesn't deny that declines will occur along the way, even a raging bull would say this market has to breathe and catch its breath every now and then... I heard earlier that we may well become energy independent, that would definitely make it easier for this market to move higher... GZ