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Stock Market a Better Bubble?

Stock-Markets / Stock Markets 2012 May 29, 2012 - 02:00 PM GMT

By: EWI

Stock-Markets

Best Financial Markets Analysis ArticleLike an elaborate musical score that repeats key notes from an earlier motif, the final stage of the long topping process is hitting many of the same chords played near the end of the Grand Super cycle bull market in January 2000. Last month, we mentioned the capitulation of long-term bears and the establishment of a stock market in Cambodia. This month, a major financial weekly called for many stodgy Dow stocks to be replaced by high flying technology stocks. This call takes us directly back to December 1999, when Fortune magazine lobbied to replace the Dow with an index composed entirely of Internet companies, and the business editor of the Washington Post railed at the under-performing Dow for making him too bearish: "If you find that you're too anxious, just take a look at what the Dow really is. It's 30 stocks of huge old-timely companies'"


The DJIA allows the financial community to .... continues in the May issue of EWI's Financial Forecast 10 page report available for FREE.

Download this special issue for free, but fair warning: It's only available until Thursday, May 31.

Here's a quick summary of what you'll find inside:

  • Europe's debt crisis.
  • European political crisis.
  • Charts flashing danger signals.
  • What U.S. stock investors should know NOW.
  • Sentiment analysis.
  • Tech Stock signals for Apple, Google and Amazon
  • NYSE margin debt signal.
  • Facebook special.
  • And much more, including detailed Elliott wave charts and insights on gold,silver, bonds, the U.S. dollar, the economy, inflation vs. deflation and real estate

Learn More and DOWNLOAD EWI's NEW 10-page May 2012 Elliott Wave Financial Forecast here - It's FREE. (requires a valid email address).

About the Publisher, Elliott Wave International Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.


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