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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeffrey S. Lillie who wrote (17659)11/29/2002 6:47:57 PM
From: exp  Read Replies (3) of 30712
 
JEFF L.: Comparison of bear market rallies:

Rally   COMP  NDX
Start  %gain %gain
------------------
 4/01   44%   54%  
 9/01   51%   59%
10/02   35%   43%
All based on intraday highs/lows.

So, yes, an impressive rally. But still well short of the previous largest bear rallies. So why should it stop before it goes up another 10-15%? I can't think of any good reason. I also don't see why many people see this rally as any different than the past bear market rallies.

I welcome comments at variance with my views.
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