MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: CYBERKEN who wrote (14668)	9/30/2002 11:28:54 PM
From: bobby beara	Read Replies (1) of 19219

The semantics totally fail us here, as there are many who still claim that the entire rise in stocks from 1982 to early 2000 was a "bear market rally"... <<< that's a tough one - a stretch, maybe you could call the rise off the 98 lows a bear market rally and a bubble since the combined advance decline lines of the market averages topped around 97-98, and we had momentum tops in the world market averages, but you would only call that a bear market rally if you were bearish all the way up off the 98 lows -g-, one of those ABCDE extensions after the fifth wave (or a fifth of vodka -g-) the semantics maybe should be cleared up by the spx 200 dma, if it's headed up we are in a bull market, headed down we are in a bear market.

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