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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: in_cog_nito who wrote (21606)10/25/2000 8:39:53 PM
From: Magnatizer  Respond to of 29382
 
ICN

I believe we are in a bear market. I believe we will get a clue as to how long it plans to hang around when the Nas 100 tests 2612.

I do not go by historical marks for duration of bear or bull markets. Doing so led many to miss a major portion of the 90s bull leg. I go by technicals. Nasdaq at 40% off it's spring highs and testing the lows for 3rd time is a bear, IMO.

ht
Mag



To: in_cog_nito who wrote (21606)10/25/2000 8:41:49 PM
From: Magnatizer  Read Replies (2) | Respond to of 29382
 
ICN

I believe we are in a bear market. I believe we will get a clue as to how long it plans to hang around when the Nas 100 tests 2612.

I do not go by historical marks for duration of bear or bull markets. Doing so led many to miss a major portion of the 90s bull leg. I go by technicals. Nasdaq at 40% off it's spring highs and testing the lows for 3rd time is a bear, IMO.

ht
Mag