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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (70407)2/22/2001 4:49:05 PM
From: steve susko  Read Replies (1) of 436258
 
>> don't forget that this is the first real bear market since the 1970's...most technicians appear to
continue to interpret oscillator readings and the like on the NAZ as if it were still a bull market.
as you correctly point out, the rules change in a bear market...essentially the rules invert 180
degrees.

right on, a lot of top notch technical analysts will have their heads handed to them, along with everyone that follow their analysis.
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