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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: eddieww who wrote (6365)	4/25/2001 11:14:14 PM
From: AllansAlias	Respond to of 52237

No, the rallies were not that long. From top to bottom they were approximately 23 weeks, 12, 11, 4, 5, and 9 weeks, using rally low to high. I've posted various charts showing the decline. I'll dig through my site tomorrow. Cheers and good night...

To: eddieww who wrote (6365)	4/26/2001 9:40:11 AM
From: Paul Shread	Respond to of 52237

I used a monthly chart only, which obviously isn't going to be as precise as Allan's weekly. But the descents looked very rapid, not much more than one month each (again, using the monthly, which by definition can be skewed by a few weeks to either side, and isn't going to be precise as to where/when the breakdown occurred; I marked breakdowns as the point where the index set a new low). Per the monthly, the 1929-1932 bear spent more time in consolidation than in decline - and lost 89% in the process. Again, I'll wait for Allan to correct this one too. ;-) The current Nasdaq decline is steeper than the Dow's in '29-30 or the Nikkei's. It could rally a long way - to 3000 or higher by my estimate - and still be in a substantial downtrend. Fire away, Allan. <ggg>