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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: da_cheif™ who wrote (30825)2/19/2002 5:36:00 PM
From: Vitas  Read Replies (1) of 99280
 
oh cheif, you were busy watching the weekly a-d line -g-

it also had a massive negative divergence:

geocities.com

notice the initial high in 1998 then the second lower peak in mid 1999, followed by the market making new highs late 1999 and early 2000?
See how the market bundled thereafter?

You, as an astute observer of the weekly a-d line are fully aware that each time the weekly a-d line has had such a massive divergence the market has had a significant sell off.

the weekly Dow stocks a-d line also had a similar divergence:

geocities.com

see the peak in mid 1999 and then late 1999, with the Dow making an unconfirmed new high, another massive divergence? see how the Dow bundled thereafter?

and you were obviously aware that at that time the market was more overvalued than at any time in market history, in bubble territory:

geocities.com

and that the Fed was raising discount rates like wildfire:

martincapital.com

and you know that the last two times we had a 23 year macro bull market, the market entered a serious correction before the final bottom in the 20th year, before the final blast:

geocities.com

wasn’t that 40% correction in the 1870’s a beauty?

and since you’ve pointed out how significant your 1987 top call was, we know that the decline we are currently in now is even more significant as the S&P 500 has declined more percentage wise this time than it did then

so I’ll ask you again:

Message 17002142

how the heck did you blow the call?
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