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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (51296)	5/19/2000 5:53:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

LG, by contending that this bull has started in 1974, you are shaving half of the period of 1966 to 1982 when the market was locked in the rough range of 500 to 1000, I think that contention supports the notion that, in time "long term investment is best". I for one think that the bear market of 1966 to 1982 ended in the first week of August 1982, it was not a ne low, but close enough, and during that week, we had 7 consecutive trading days where not a single NYSE stock made a new high (that was actually my own "grand signal" to jump in). Now such a series of trading days without a single issue making a new high cannot be part of a bull market. Even now, we still have the NAZ (the current bear child) with at least 10 new highs. Zeev