你相信华尔街预示牛市的谬论吗？
Believe Wall Street's nonsense about a new bull market ahead?
在重大的底部时，很少有人持牛市的观点。
牛市的进程有三个心理阶段。
杯子和处理图表模式是牛市的延续格局。
The cup and handle chart pattern is a bullish continuation pattern.
人们对牛市的出现寄予厚望，但经济数据却令人大失所望。
The economic data have been a severe disappointment to the bulls.
这座建筑完工日期定于2014年——下一轮全球牛市的时间。
Its completion due date is 2014 - in time for the next global bull market.
五年之久的熊市之后，牛市的结束应该不会这么快。
After a five-year-long bear market, the bull market shouldn't end that fast.
唯一能结束这次牛市的事件是巨量新供应，但这还没发生。
The only thing that will end the bull markets is huge new su ly, and that is not on the CARDS.
坦言之，在美国，还没有说哪一个板块或行业群是连续两个牛市的领涨者。
Tellingly, it hardly ever has been the case in the U. s. that a sector or industry group is the leader of two successive bull markets.
坦言之，在美国，还没有说哪一个板块或行业群是连续两个牛市的领涨者。
Tellingly, it hardly ever has been the case in the U.S. that a sector or industry group is the leader of two successive bull markets.
然后，强大的管理和保存的市场能够使A股市场的牛市的重量？
Then, strong management and save the market be able to make A shares to the bull market weight?
然后，我们就可以做好准备，迎接本轮黄金大牛市的第三阶段——而且也是最后阶段。
Then, we will be ready for the third and final stage of this great bull market.
这是一个人心振奋的月份。黄金冲向了17年牛市的新高，而且涨得强劲。
It 's been an exciting month. Gold took off, hitting a 17 year new bull market high and this is strong bullish action.
但它同样引出一个问题，这究竟是暂时脱离谷底的反弹还是新一轮牛市的开始？
It invites the question: is this just a bounce off the bottom or the start of a new uptrend?
通过减少流通中股票供给，回购的挥霍行为也使自己成为了延长牛市的一部分。
By shrinking the supply of shares in the market, the buy-back splurge played its own part in prolonging the bull market.
此外，美联储的低利率承诺是对经济健康运行担忧的征兆——不太可能是牛市的信号。
Moreover, the Fed’s low-rate commitment is a sign of its concern about the health of the economy—hardly a bullish signal for stockmarkets.
这并非显示市场的牛市趋势有所改变，任何小型回落可以认为是市场重建牛市的机会。
This hasn't altered the bullish technical picture to the market and we would expect any dips to be seen as an opportunity for bulls to re-establish long positions.
高端消费，如汽车、黄金、珠宝、时尚饰品和旅游等，将从牛市的财富效应中受益最多。
High - end consumption, such as auto, gold and jewelry, fashion apparels and travel will likely benefit the most from the wealth effect.
但是，你应该记得拉森是一个极为保守的投资者，自然在牛市的年份不能发挥出全部水平。
But you may remember that Larson is an extremely conservative investor who would naturally underperform in boffo years.
例如：1917年是一个大熊市的底部，加上5年得到1922年，一个小牛市的顶部。
For example: 1917 was bottom of a big bear campaign; add 5 years gives 1922, top of a minor bull campaign.
他们认为原因不是电脑，因为第一次的增长时期还没有电脑，也不仅是股市处于牛市的原因。
It isn't computers, they argue, because there were no computers the first time, and it is not just a strong stock market.
通过向市场注入货币和信贷，美联储正在建立商品市场下一个牛市的基础，特别是贵金属。
In flooding the markets with money and credit, the Fed has been setting the foundation for the next bull market in commodities, especially precious metals.
通过向市场注入货币和信贷，美联储正在建立商品市场下一个牛市的基础，特别是贵金属。
In flooding the markets with money and credit, the Fed has been setting the foundation for the next bull market in commodities, especially precious metals.
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