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New Bull or New Bull Trap?

Post: 02/03/12 by Gary Dean 8:15

There has been a lot of chatter about the new bull market and the spx heading to 1400-1600, as the bulls simply assume the 1375 is already passed. The bulls may be correct and we are heading to 1400-1600 by the end of 2012. But sometimes a picture speaks louder than words.

On the chart below, you will notice that the spx price osc. has gone negative for the first time since 2008, on the monthly chart. The time it happened before 2008 was 2000. We all know what happened during those years. So are we starting a new bull market or is this one of the biggest bull traps we have seen since that last 2 bear markets started. We will find out soon enough.

This offer is ending very soon!! $99.00 2 month special last night. We are almost filled and I will be removing it once filled!! We have started 2012 off the same way we left 2011-WITHOUT A LOSING TRADE!!! Sign up now before all the seats are filled!!

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