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

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To: Mike M who wrote (59081)4/30/2002 12:44:34 PM
From: Jeff  Read Replies (1) of 99280
 
you got that right mike...

actually the run from sept was a bear market rally....

but since that top at 1946.....

you can see the bear market pattern of more down days with a few up days in between has resumed...

stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G

if we do drop to 1400's and make that run to 17-1800 again....that would likely look like the run from sept...and like you say...get folks sucked in again thinking this is the real one this time.....

and if that top then fails like 1946 and the pattern of more down days and few up days resumes....

i hope folks spot that and bail in time....because you can only have so many bear market rally's before the big final flush out.....

i said in one post that the final run might end in a blow off top....i think it might be similar to those big up days we had before the 1946 top was set.(see chart)

anyway...its going to be very interesting to see how it all plays out because i know many others see similar things coming....
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