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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (115560)3/28/2005 7:33:30 PM
From: Shack  Read Replies (3) of 209892
 
It remains a real thorn in the bear case for me mc. I think something is going to have to happen to the upside to relieve that bearishness. Nothing is certain of course but I have yet to see those Nova/Ursa traders successfully fade a move for very long.

So far they have been correct but that ratio is very close to major bearish extremes and we don't even have a single lower low in any index yet.
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