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

To: ahhaha who wrote (73869)	4/2/2001 3:12:53 PM
From: Casaubon	Read Replies (2) \| Respond to of 99985

It has all the features of a shake-out after a break out. I beg to to differ. From the charts I have studied, this appears to be the end of a bull market. In essence, it is the quintessential definition of a bear market. Full particiaption by the masses, and a reluctance to sell at a loss, fostered by the long term buy and hold mantra have ensnaired the average participant, which will ensure a steady source of liquidity all the way to the bottom. LTBH will do no better than gov't bonds for years to come. The charts say so.