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Strategies & Market Trends : Classic TA Workplace

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To: High Country Trader who wrote (74407)5/22/2003 6:37:50 PM
From: lisalisalisa  Read Replies (1) of 209892
 
those instances you site, of 'coming out of a bear'- weren’t they preceded by some astonishing number of consecutive weeks that showed more bears than bulls?

I thought they were. If so that would mean the public was wrong during the turn, but when the turn was well underway they joined it and carried the trend..which is to be expected no?

As I understand it this bear has not yet seen negative sentiment readings approaching other historic bottoms. Week after week of more bears for example. Meaning, from my view that the 'crowd' has yet to embrace the trend....IMO..
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