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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (22013)8/24/1999 12:06:00 AM
From: bobby beara  Read Replies (2) of 42787
 
Chris, tomorrow's reaction is key, my buddy James Strauss will tell you that the summation index is turning up from a coincident low in March and that the 4 year cycle was in 1998 and the bull market is still intact and it is unlikely to visit these lows for another 4 years, even though the breadth sucks and the valuations are extreme the possibilities of a 1929, 1973, or 1987 are just that, possibilities, the speculators edge for that was killed now that the Dow has hit new highs and has not confirmed the transports break to new lows.

There are still plenty of generals to fight off the indians, even though the soldiers are dying with arrows in their backs. At some point the generals will have to fly a truce flag, but it seems not quite yet.

bb
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