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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (46809)4/11/2000 10:52:00 PM
From: wanmore  Read Replies (1) of 94695
 
you may be right but if we follow the same pattern as we did in 29 we should have a substantially new high first. It's funny, I once paid $400 to a "professional trader" (very famous guy , by the way)for a weekend class on trading strategies. In that class he told us that markets never crash off their highs......you will always see loss of momentum and a pull-back prior to a crash. Take a look at this 4morethings.com They didn't have much of a chance. From what I can tell , it seems the only signal was the break of a VERY minor support level. After that it was like sweat fallin' off a bear wrestler
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