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Strategies & Market Trends : P&S and STO Death Blow's
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To: ajtj99 who wrote (17665)11/30/2002 12:35:09 AM
From: augieboo  Read Replies (1) of 30712
 
ajtj99, IMDO you are putting far too much faith in rules that follow the logical pattern of "it hasn't happened in this bear, therefore it will not happen in this bear."

Remember the "no rally without piercing the lower bb on the weekly" rule? Well, neither the COMP nor the NDX pierced its lower bb on its weekly chart, but this rally took off nonetheless.

I'm not trying to be critical, just cautionary.

(:

augie
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