Description:  The stock market has a chance to hit new recovery highs until it tops out, with that halt potentially coming late this summer, according to Stockmarket Cycles editor and money manager Peter Eliades. MarketWatch’s Laura Mandaro reports.

Source:  Marketwatch.com – video report
 
Date: 05/11/2010

Link: http://www.marketwatch.com/video/asset/market-edge-life-left-in-bear-market-rally/2123C27E-3E52-471D-BE2D-B2AF295DD078

Questions for discussion:

• Summarize the stock market predictions made by Peter Eliades and his rationale.
• Do you agree with his sentiments?