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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: gregor_us who wrote (5943)	3/12/2008 9:53:02 AM
From: skinowski	Read Replies (1) of 41486

Statistics are bullish, as indicated here, for example: quantifiableedges.blogspot.com The "sentimentrader" posted his own study about what happens when SP reaches a 52 week low and then reverses and rallies 3% or more in a day. There were 5 cases in 20 years, and each time 2 weeks later the markets were higher. But I can see that in some of those cases the rally eventually failed (the last one that did not fail was in Oct 2002). It's probably a bad time to short the markets -- but, quite likely, also a bad time to bet on the resumption of the Big Bull.

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