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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Ken Reidy who wrote (18213)11/18/2003 4:25:38 PM
From: J.T.  Read Replies (1) of 19219
 
Gold down Monday, reverses back up today.

Another major move is brewing not only in gold,
but stocks as well.

This will be about the 7th time since the Bull began in
earnest since mid March (or October 2002 for those inclined
to call this a secular bull) where whipsaws get carried out.

They run the stops at key moving averages, clean em out,
and reverse it back up.

It is why nobody wants to talk about the Bull market of
2003 (or since October 2002) -

because of the whipsaws, many trading approaches have
hindered the ability to maximize letting winners run in
stocks or mutual fund switching techniques.

No strategy is fool-proof, and this time might be different.
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