ALL the other indices in this BPT newsletter show similar patterns. Although as of Wednesday, I was leaning quite bearish at least in attitude, I have to reconsider that after viewing these charts. These charts are quite bullish, TEMPERED with a caution....the market is tricky, when it looks like things are about to fall into an abyss, that would be the time for a major ramp to trap bears. When it looks all rosy, like now, with Europe "saved", could also be the perfect time for a black swan to show up and defecate all over the place. The real black swans are not the ones you know about (Greece et al.) but ones that show up completely out of the blue.
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BPT World Indices
