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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: SBHX who wrote (6817)10/26/2000 9:58:11 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
They call it a "secular" bull or bear market if the basic trend is up or down. Typically the Dow theory is used for that determination, namely, if the DOW Ind. and the Dow Transp. are making new highs (I use 12 months highs), the trend is bullish (and vice versa). It is secular if that phenomenon continues for a number of years.

By the way, I just took two short term "bounce positions" in SCMR (triple at $64-7/8) and CREE ($81.5), maybe I can ride these for $2 to $3 before selling restart later on.

Zeev

irrevolute.iuma.com



To: SBHX who wrote (6817)10/26/2000 10:31:16 AM
From: Bilow  Respond to of 30051
 
Hi Scared but Hopeful; In addition to the (non)religious meaning, "Secular" is also a fancy word for long term.

5.Occurring or observed once in an age or a century.
6.Lasting from century to century.
dictionary.com

-- Carl


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