Just recently got a signal confirming that prevailing bullish phase is going to last for at least next 12 month. To provide some historical insight here is a chart for Dow Jones Industrial Average Index with marked market phases.
Bearish phases are marked with grey. Dating of the phases is based on proprietary macroeconomic model.
As you can see bull market which has begun in March 2009 proceeds further. Moreover, lately we have passed a major critical point and now sky is very clear.
At the same time there are some black spots within the stock market universe. Let's have a look at Greek stock index. Here we see that market is still in the Bearish phase started in October 2009.
As obvious and boring as it may seem. Long US - short Greece is my choice at this juncture of time.
In case you are interested, here is another model which helps me to follow economic developments economic-timer.com/usa
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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