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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: AllansAlias who wrote (35259)	11/10/2000 11:36:05 AM
From: Paul Shread	Read Replies (2) of 42787

AA, thanks for your comments. The main trendline of this bull market is the 1984 linear one; bull trends tend to be measured from the first intermediate reaction, since the first couple of years tend to be accumulation. The line was broken in 1987 and 1990, without lasting effect, was last touched in 1994, and is now at around 600. I sincerely doubt we'll ever see that line again; then again, I'm sure they said the same thing about Dow 100 in September 1929. ;-) wsrn.com Also did it in log, using 87 and 90 bottoms, with a slight break in 94: wsrn.com Looks like a more realistic target for an eventual retest.

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