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Strategies & Market Trends : Classic TA Workplace
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To: Perspective who wrote (68757)3/17/2003 2:00:31 PM
From: AllansAlias  Read Replies (2) of 209892
 
I hear ya.

I would think that nobody here is looking for multi-year anything to the upside. (Well, the VIX maybe. -bg)

Still, in a normal bullish year the averages might rise, say, 6% or 8%. Well, we have rallies now that go 20%-40% -- like 3-5 quick years. What's the risk? That you wake up and find us lock-limit down 3 days in a row. Bears have been talking about that for 3 years now. Statistically speaking, tt's a myth.

It's more mundane than that. You wake up and find you got stopped out.
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