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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: American Spirit who wrote (6537)4/30/2001 3:48:24 PM
From: Casaubon  Read Replies (1) of 52237
 
AS, I never understood this use of the term "bull trap".
To me, the phrase bull trap implies that the bulls (and bears) were trapped into going long. Subsequently, the term bear trap implies a final shakeout where bulls were frightened into selling the final stages of a bearish move. Do I have the phraseology backwards? If so, could you give a description of what these phrases imply to you?
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