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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: StockOperator who wrote (18110)2/17/2002 11:41:01 PM
From: JRI  Read Replies (1) of 52237
 
StockOp- Good to see you back posting actively..

A question though...since I've known you, you've mentioned often how stocks have to have "structure" to move up (sustainable)...and you are (I believe) alluding to the well-known concept of basing (or some variant)...however, if you look at the rallies starting in April 2001 and Sep. 2001...you had no real structure, except for hard/fast turns off the down, and zoom-a-zoom zoom...roasting many shorts..classic bear market rallies

So, although I agree with your basic premise, what's to say we can't have a 3rd decent or monster bear market rally after some pretty major technical breakdown (again)??

BTW- I agree that the catalyst must occur lower..
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