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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (95506)4/17/2001 10:05:49 PM
From: AllansAlias  Read Replies (1) of 436258
 
P/c's did not collapse as quickly as other rallies recently. There is some doubt. The bulls have been reamed sooo hard. No matter what they say, they doubted this. I can not imagine that there has ever been a decent bear market where the bears did not get reamed hard. This one is going to be a doozy and, therefore, I think we have to respect the rallies it will engender.

Even in 1928-1932 they had a couple of great rallies. Bears since have had even scarier rallies.

I know you don't believe in the pretty pictures, but when it flashes caution I think it hubris to ignore.
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