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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: bruce-l who wrote (34978)4/7/2000 3:14:00 AM
From: Doug R  Read Replies (4) | Respond to of 79230
 
Bruce,

Holy (another deleted expletive)!!!!
.38?!?!?!?
The ratio itself is about to go into an inverse trick. I smell rat...that goes by the name, "The Fed".
Sheez.
A real bear market is not defined by a 3 or 4 week 25% drop. A real bear market is 9 months (give or take) of chinese water torture. Each drip comes in the guise of a possible buy signal that fails...thus becoming another sell signal. It may be the case that Greenspan feels a real bear market is now a necessary evil. The 24th can't come soon enough but it looks to me like the ratio has spoken.

Doug R