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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (12644)9/9/2001 9:14:07 PM
From: Casaubon  Read Replies (2) of 209892
 
I believe I commented on this at the MITA thread. As money gets destroyed in the bear, the magnitude of moves should become diminished, as there will be less money available to force the market to continue in its' current trend (up or down). Thus one could expect that at market turning junctures the absolute level of a fund (particularly money market funds!) would be lower than the last market turn level.
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