has it broken out of rising bearish wedge?, page-10

Centro5 with regards to SOuth America and their resources they do have an adundance of what the world needs, espeically China. Although i'm of the opinion that they are so far away with the cost of freighting them to mainland China and the rising oil price it is a bit expensive?

Nistrams many people have a different theory of what the market is doing atm, whether it is a bull market etc. I think it is a bear market rally. We have had 5 waves up since March. We could very well trend down now in three waves (abc correction) and then move up again in 5 waves before the bear market ultimately resumes it's downtrend for a few years thereafter. This would be a massive correction but with the extremes of stimulus and other inflation related aspects the market could move alot higher and even though it would be a huge rally i still think it could be classed as once within the greater bear market that is to come. That's a very very basic elliot wave analysis and as you guessed i'm a bear at heart.