Short90

not really isnt it? it rally from double bottom, will it became totally became a bull market when the price break the neckline and hold on which is the price when 1/8/16?

2016-03-12 16:42

N00b

First the 10D MA crossed the 20D MA, then the 20D MA crossed the 50D MA, finally the 10D MA crossed the 100D MA on Friday.

2016-03-12 17:16

N00b

As you can see here, http://c3352932.r32.cf0.rackcdn.com/comments_images/145777405016557.jpg

2016-03-12 17:22

Short90

I think there is a misunderstanding among us, from the second graph you show me, do you think there is a bullish market in future? So do i. Because the time of downtrend is longer right? i think you mean downtrend is still going on. Maybe next time you can add some words on it compare to just a graph. :)

2016-03-12 18:14

somchik

Remind me of march 2009 ..... Kikiki

2016-03-12 21:39

somchik

Just imagine Usd fed interest rate 0.25 % , ECB 0%. BoJ 0% -> -ve . Swiss bank 0% . Oil very cheap 40 usd. Inflation 2%===> why would the world stock market crash? Most company should be be able to produce good profit. Those debt by o n g could be rebundled with cheaper rate n given time . Become non issue as oil now above 40. Commodities price has reach bottomed . Deflation that bust the market .. Then where to park the cash ?.. My common sense tell me the cash will start chasing stock again ... R u ready. For last lap for hyper bull. Kikiki

2016-03-12 21:54

riff

@somchik I agree with you.

S&P500 up 212 points (+11.7%) in 21 trading sessions.
WTI Crude Oil up $12.45 / bbl (+47.7%) over the same exact period.

2016-03-12 22:17

sell

100% agree.

Posted by somchik > Mar 12, 2016 09:39 PM | Report Abuse
Remind me of march 2009 ..... Kikiki

2016-03-12 22:24

sell

Except PM this time no change unlike 2009 Abdullah Badawi resign.

2016-03-12 22:24

somchik

This time only Governor BNM retired. Kikiki

2016-03-12 23:29