Thread: reason 2 be bullish??

Markets see worst start in decades
By Stacey Delo, CBS MarketWatch
Last Update: 2:12 AM ET Jan. 8, 2005

SAN FRANCISCO (CBS.MW) - The opening three days of trading in 2005 marked the worst start for the markets in nearly 80 years according to Peter Eliades, editor of the newsletter Stockmarket Cycles.

U.S. stocks end lower; open the year with weekly loss
U.S. nonfarm payrolls rise by 157,000 in December
Dollar rebounds to hit six-week euro high
Crude futures fall, but end the week nearly 5% higher
Apple closes higher on analyst view, Macworld hopes

"Every single digit ending in five has been a positive year," Eliades said. He contends this could be the first year to break that trend.

"The market hasn't done well for the last four or five years and I think the personality of the market is going to be a little different here," Eliades said.

He said the start to the new year is not a good sign for the markets this year.

"We have seen the worst opening three days of a new year in breadth in the history of the markets going back to '26," Eliades said
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I was looking at this page yesterday and thought so (bullandbearwise).

BTW, I've pagemarked most of the links you've provided. It will take me awhile to digest so much info, but this web site in particular is great. Glad you joined the forum.

Thanks Coolhand

here is a interesting link to go with your new book:

Talk by Edward Griffin(on the fed reserve)...


http://www.bigeye.com/griffin.htm

http://www.truthout.org/docs_05/011105E.shtml