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发表于 2009-8-11 11:19 PM
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I feel C in your chart is the end of A wave, we are in Wave B(c) now, which means it is still rebounce, but this rebounce could be bigger, like what happend in 1932. We still should see wave C (down) next year some time or even this year then a new bull marktet will start. Current fundamental does not support that the market goes to new high (SP>1500) or make a new low (666). Wave C could restest previoud low (666) to make another leg, which could support a long bull market. |
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