Is the bull market intact?

A question for all you chartists out there. Is the bull market over?
I'm a nifty trader, so I would really appreciate your views..Thanks
Dabs

Yes
The Bull Market Is Over

As a nifty trader, one should not give any importance to the long term market trend (As far as short term trading is considererd)

I would say that gone all the times when we used to maintain a buy and hould strategy on Nifty Futures, it's a traders heaven nowadays

That's a pretty categoric statement makarand.mone

Could you please elaborate on your views.

Yes sure

When I say that the bull market is over, there are techincal knowhows behind it. I use a particular forecasting method based on the simplistic tools in technical analysis. The method is called "Spark Trading Systems" and you can see the relevant info in my other threads for the same.

Based on my system, I've derived the assumption that the bull market is over

I hope that makes a bit of it clear.


Now when I say that it's a traders heaven now, I mean a real swing trader can make more money in Nifty rather than anyone in stock market because we are looking at a trend-change phase now... So you gotta turn around with the market.. may be every week, every day or even every hour....

I believe all of us need a realization that we are not trading the same market of Teji


Regards

Max

Hi makarand,
I agree with you..swing trader heaven..BUT technically we're still ok I think..lower intermediate bottom and higher short term tops and bottoms..but I think all the fundamntl guys are bearish..
Regards,
Dabs

I think this is the answer.
http://www.traderji.com/technical-analysis/12099-pray-bulls.html

Hi Omkar,

Interesting to see that we both share the same view, you from Elliots Prospective, and I from my system's point of view.

If you need explanation about how am i making a statement from my systems point of view, visiti my blog on blogspot

Regards

Max

This is interesting

Obviously you are able to also predict the direction of most intraday moves ... and rarely get caught on the wrong foot

How do u do it friend ..?

I have been in the market for v long, and have still not been able to learn that art ... to me it looks like the toss of the coin most of the time

Pl enlighten

AGILENT