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


To: Brandon who wrote (327)4/23/2001 5:37:11 PM
From: Dan Duchardt  Respond to of 336
 
Brandon,

I think I failed to communicate my thought, which was to take your comments about Wide Range Trading Days, and look at your quarterly chart as exhibiting Wide Range Trading Quarters, with the new quarter starting in April having broken the low of the previous quarter and holding up for some time.

In any case, a bear flag for even a few months, instead of these few day rallies we have gotten the past 6 months would be a welcome respite for some of us with cash accounts to make a few bucks on the long side on the strength of the bear rally. I certainly don't see us even approaching the old Nasdaq high for a very long time. A rally that lasted a few quarters would seem like gravy at this point.

Dan