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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (8955)9/29/1999 12:56:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
Justa re<<<<<True, but the character of a bull market correction is that it is relatively quick and violent. This first testing of the perceived "bottom" is taking quite a bit of time which seems unusual. Typically, there is a rally off any bottom and then a retest in short order.>>>>>>>

Agree this would be true of a healthy bull market. Obviously by my recent posts I'm not talking about a healthy bull but one with multiple organ failure that however maintains enough strength to keep the bear away from its market place territory for a while until it goes into its final death throes. Whether heroic measures can revive the bull to health is unlikely but conceivable

Marc



To: Justa Werkenstiff who wrote (8955)9/29/1999 12:58:00 PM
From: Kirk ©  Read Replies (2) | Respond to of 15132
 
True, but the character of a bull market correction is that it is relatively quick and violent.

Really? Didn't we poke around 8650 for some time last fall, then fell thru to 7500? The recovery back up went in pretty big jumps as you say. Guess I don't follow. Maybe we could fall thru present support again if any more "Balmerizations" occur.

I guess I just didn't get what you were saying. 8)

Kirk