The Brave New Bull Market?
{ Posted on Mar 27 2009 by Minyanville }
Into the distance a ribbon of black Stretched to the point of no turning back A flight of fancy on a windswept field-Learning to Fly (Pink Floyd)The NAZ is back in the black for the year: It closed 2008 at 1577.03. Yesterday it scored a close of 1587. Is it a new bull market? One way to determine a major change in trend is when a previous leg (in this case a down leg as it has been a bear market) is completely offset. So far the popular averages including the NAZ haven't offset their legs down starting from ...
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