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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Teresa Lo who wrote (4544)11/13/2000 10:04:10 PM
From: Christopher  Read Replies (1) | Respond to of 8925
 
Teresa, how would you set up the "buy set up" for IP? Thanks. Christopher



To: Teresa Lo who wrote (4544)11/13/2000 10:22:04 PM
From: Don Green  Read Replies (2) | Respond to of 8925
 
When do you have a NEW bear market, vs. just a steep market correction...

When the Dow 30 breaks below the previous years low it is then a BEAR market.

Since THIS Bull market started in 1982 the Dow 30 has never broken below the low of the previous year.

The lowest trade for Dow 30 in 1999 was on 22-Jan-99 Open 9149.50 High 9289.30 Low 8998.90 Close 9120.70

Regards

Don


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