with the major indices all seeming to clear the April highs?
But, we still remember the call for resumption of bear market when SP dropped under the 1040 level earlier in the summer?
[Or even better, we also know what happened in Iraq after Bush declared "mission accomplished" when he landed via helicopter on a warship in 2003?]
But then, assuming the indices will indeed cruise above the April highs in the days ahead, don't we have lots of TA support to believe in the death of the bear market? Or do we have to wait the market to climb above the 2007 high?
Is the bear market associated with the Great Recession indeed gone for good? Please enlighten me! |