Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 41.85

-6.9%

Nov 11 4:00 PM EST

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To: SOROS who wrote (8572)	5/2/2003 9:18:47 PM
From: Kirk ©	Read Replies (1) of 206809

I think da cheif's definition of a "dumaz bear" would be ones that only show indictors like that over a short period like when the market is going down. If you believe we are in a bull market that started last Fall... and I think being up 20% in 6 months meets the defn of a bull market, then you MUST use bull market indicators or indicators that work over both bull and bear markets. dumaz bulls and dumaz bears seem to only look at recent history and think they can predict the future. stockcharts.com[h,a]dhclyymy[d19950601,20021231][pc10!c50!i!d20,2!b100!b200!f][vc60] I can't tell ya how many have been screaming that VIX and VXN were signaling a top the last 1000 DOW pts...and it seemed none of them dumaz bears took a look at how low those could get during a bull run. Here we go... a real bull market by definition of 20% in 6 or more months in the Wilshire5000 (VTI). cbs.marketwatch.com

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