P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: orkrious who wrote (7002)	9/12/2002 10:48:59 PM
From: Jeff	Read Replies (1) of 30712

just so you know....from 1932-37 during the "depression"....the market went from under 50 to near 200.....you had a double....a retest....another double....goo....then another double in those 4 years.... while those who got wiped out during the 29-32 bear suffered in the 30's.... the fat cats got rich all over again...... the bull doesn't start again at 700.....theres a retest maybe 6-months later to a higher low.... those who jump the 700 bottom and get the mindset its a hold forever will likely be shaken out again on the retest..... then....off that retest you could get a few good years to hold......but thats it......after that the next decade could be goo!!!!!!

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