Slope of Hope Blog Posts

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A Load of Bull (by Springheel Jack)

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I was hearing a lot of comments yesterday about how the current bull move is unstoppable on every timeframe, and that we could only see a pullback when every last bear had capitulated. What garbage. Nothing goes up in a straight line, and every trend has pullbacks. They may be shallow but we will see them. It may well be that those pullbacks will just be deeper dip buying opportunities but they will come. I don't see much to suggest that a major top is near here, and I'm leaning bullish into May, but there are always some bumps in the road. As far as I'm aware there are also no recorded historical instances of every single bear capitulating on any bull run in a free market, so I would advise against anyone holding their breath waiting for that here. 

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