DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Eric P who wrote ()	5/30/2000 5:10:00 AM
From: ig	Read Replies (1) of 18137

Bear Market Rally? Everyone is talking about the Bear Market Rally that is supposed to spring from the recent Nasdaq bullish divergence signal (a new low combined with more bullish internals than accompanied the previous low). But I wonder how many believers are ready for what will happen if the signal fails? I have a feeling this signal will fail. I'm ready to play along with a rally if it happens, but I'm even MORE ready to quickly return to my short bias if the signal begins to fail. ig

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