我觉得在2011年，我们将会经历牛市。
I think in 2011 that we're going to go through a bull market.
而牛市却不认为上述一切即将发生。
牛市将会结束，问题是何时结束。
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?
在牛市，绝大多数股票会上涨。
而牛市甚至还几乎尚未开始。
当牛市不再，这些影响迅速反向作用。
When bull markets stop, those effects tend very quickly to go into reverse.
历史是站在牛市一边的。
在牛市中寻找财富在熊市中保持防御姿态。
Make a fortune in a bull market play defensive in a bear market.
正如今天的股市反弹，新的牛市备受怀疑。
As with today's recovery, this new bull market was viewed with scepticism.
要记得，上一次大牛市持续了几乎20年。
Remember that the last great bull market ran for almost 20 years.
商品价格牛市结束了吗？
牛市仍会维持一段时间。
在重大的底部时，很少有人持牛市的观点。
识别牛市有下列的特征。
但是，现在并非牛市。
因此，这是一个合理健康的牛市。
即使是熊市也有股票上涨，牛市也有股票下跌。
Individual stocks can rise in a bear market and fall in a bull market.
在牛市中，对冲基金应该会使投资者收益减少。
市场只有一种，不是牛市或熊市，而是正确之市。
There is only one side to the market; and it is not the bull side or the bear side, but the right side.
Stack是如何知道新一轮牛市已经开始了呢？
我们的估计是，目前的黄金牛市也将考验其崇拜者。
Our guess is that this bull market in gold will test its admirers too.
他们下一步的行动将有助于决定牛市风暴何时到来。
Their next moves could help determine when the bull storms back.
牛市趋势继续。
就像所有的牛市一样，它已经成功的攀上了焦虑之墙。
As all bull markets do, it has successfully climbed that wall of worry.
股场牛市需要广泛基础，包括低利率及全球稳定增长。
THE equity bull market had many foundations, including low interest rates and steady global growth.
股场牛市需要广泛基础，包括低利率及全球稳定增长。
THE equity bull market had many foundations, including low interest rates and steady global growth.
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