New Bull Markets and Reasons for the Rally
Today I’m going to show you a good example of one of the rules of identifying when a bear market is transitioning to a bull market. Then on Monday and Tuesday we’ll finish up with the series of how to protect short positions during these moves.
Lesson Number One of the bear to bull transition signals, (published two weeks ago) is “There is no rational economic reason for the rally to be occurringâ€.
I thought you would enjoy this story published on Yahoo yesterday. It occurs during every major market bottom.
“Unjustified Euphoria” in Markets About Economic Recoveryâ€
The more things change, the more they stay the same.
This is from Larry Connors Daily Battle Plan which he publishes each morning. If you’d like to take a free trial click here, or call 1-888-484-8220 ext 1 to start your free trial today.
Larry Connors is CEO and Founder of TradingMarkets.com and Connors Research.