Mohammad Faizan Azam's Blog – January 2011 Archive (2)

I was reading the following article:

http://www.bloomberg.com/news/2010-11-10/u-s-stocks-are-in-multi-year-bull-market-morgan-stanley-s-darst-says.html

Is it true or even possible that we are entering a multi-year bull market?

What do you think?

My long term stance on the current market is bullish. Therefore, I am inclined to giving greater importance to any bullish signals I see in a stock's chart.

Here is one interesting bullish setup that I wrote about on my blog before markets opened on Wednesday December 29th. (FTK is up 28% since I wrote about it).

Original post (published before open on Wednesday December 29th):

"Flotek Industries Inc. is a…