Zeev's Turnips - No Politics Message Board

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

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To: Rich1 who wrote (66576)	5/14/2002 11:54:26 AM
From: Jdaasoc	Read Replies (1) of 99280

Bear Rallies.. S&P 1090 on 4/26 5/2 5/8 and 5/14. We need to drop 3-4% and get back to 1090 by 5/20 to have 6 day cycles to hold to form. It wouldn't surprise me a bit. What makes these short lived rallies in a bear market any fundamentally different then irrational two 10% steps forward 1 10% 20 day Naz cycles during the 99-00 bubble. It looks like a lot of resistance where we are now. Are you so bearish now that you have to invoke 1930's oldtimer <g>

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