Black Gold to Shine
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Bob Loukas is the founder of The Financial Tap. With over 20 years of experience in market analysis and trading, Bob is a life-long student of economics and has an abiding passion for the financial markets.
He is a leading expert in Market Cycles. His love of Cycles emerged from the study of the work of Walter Bressert, a pioneer in the field.
Originally from Sydney, Australia, Bob has been settled in New York City for the past 16 years. His background is in Computer Sciences, with extensive experience in the Financial Software arena. Prior to launching The Financial Tap, Bob served as a senior executive at various Fortune 50 firms where he led development of financial trading and reporting software.
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Although I believe that a YCL – and a market correction – is clearly overdue, I do not believe we are at the end of the bull market. Although sentiment is stretched, and the current move is clearly speculative, over-bought, and over-extended, the divergences that typically accompany major 4 Year Cycle Tops are not present. So I don’t believe the current cyclical bull market will end with the coming Yearly Cycle correction. In fact, most breadth indicators support a further rally in early 2014, one where a final 4 Year Cycle high is made. This is the point where I believe the next bear market decline will begin.
This content is for members only
This content is for members only
This content is for members only
This content is for members only
This content is for members only
This content is for members only
This content is for members only