Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (19)	10/22/2000 10:26:47 PM
From: bobby beara	Read Replies (2) of 74559

ok tradermike, i'll bite, even though i believe that a lot of things you're talking about here will happen when the bull market finally ends, are we near that now, i don't know. so i'll play the devil's advocate. why shouldn't we take your thread here started in october after a major slide as a contrary indicator, along with the big bear on the cover of barrons 2 weeks ago, the big put buying over the last week or two, etc. etc. etc. plus you add in some oversold trin, rsi, and moneyflow indicators that have marked major bottoms. can't we just assume we are seeing the normal bearish bantering that happens at all bottoms and we should have our normal seasonal rally into january. tell me why this time is different. b

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