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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (7427)9/5/2001 3:30:26 PM
From: MetalTrader  Read Replies (1) of 23153
 
your post brings up the question of market definition. I have found one of the most confusing and aggrevating aspects of market analysis is the changing or changeable time perspective. So often we are comparing apples and oranges. What is for one observer a correction in a bull market going back to 1995 (the last time the S&P was on the current longterm trend)is to another a breakdown of the bull market trend that ran from 1995 to 2000. Both valid, take your pick, bull or bear? In anycase, it looks like either the market takes us back to below 1000 or the charts will have to be redrawn....and charts hate to be redrawn.

mt
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