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To: lurqer who wrote (34311)10/29/2000 7:09:46 PM
From: donald sew  Respond to of 42787
 
lurqer,

Not sure if I understand your question.

I picked the 3 bear markets since they are the worse case senerios. The point of my post was that during the worse case senerios(the bear markets of this century) there were times where there were bullish cycles of HIGHER HIGHs/LOWs which would have fooled many into beliving that that the correction was over, only to find out that the bigger selloff was stil to come.

All I was saying is that MINOR HIGHER HIGHs/LOWs is still no guarantee that the selloff is over.

There was no extended selloff in 1995 for the DOW, but there was one in 1994 which eventually was the beginning of the last bull leg.