Where are we now? welcome discussions...

hiker

Sorry, I cannot type Chinese in my office.

Welcome discussions. I am really confused at this point. May just wait and see…

If standing above weekly 40 weeks line, would it be a post Russia default era (1998-1999). The market was up until burst of Internet bubble (2001-2002).

If NOT standing above weekly 40 weeks line, would it lead to a 2001-2002 burst, or a 2008-2009 recession?

The rally after Russia default (1999 – 2001) was driven by internet.
The rally after Internet bubble (2003 - 2007)was driven by housing.

Where are we now?
If up:   besides the TA factor, we need a FA factor to lift the market up to a new height (too moon…)  Can anyone help list a few?  Also, the profits of global companies could be disconnected from the U.S. economy.  Will it be a new trend? If so, how will the trend shape our investment strategies?
If down: the Euro crisis  is a potential bomb.

hiker

I do not know how to post a chart? Can anyone help? then, you will visually see what I am talking about? thanks.

hiker

[img=520,651]http://i56.tinypic.com/21ovrk3.pnghttp://i56.tinypic.com/21ovrk3.png[/img]

福多多

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hiker

hiker

Thanks, 福多多. I did it. My first chart posted here. :-)

quickcow

looks like 1998

benbendan