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To: pater tenebrarum who wrote (73533)	11/4/1999 7:41:00 AM
From: donald sew	Read Replies (1) of 86076

Heinz, >>>> a little look back at history...the 73/74 bear: notice the big rally after the initial downswing off a double bottom, also breaking down trend lines and improving NH/NL stats vastly. and yet, the bulk of the bear market was still to come. that rally surely trapped lots of people... decisionpoint.com >>>>> Im not one to rely alot on one-to-one comparisons, but if one looks carefully at OCT 73 the NEW LOWs got close to ZERO with the NEW HIGHs only getting slightly above 100. That period really did trap alot of bulls. Its also interesting to note that the current NH/NL have yet to improve to those levels of OCT 73. Seeya

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