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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: TREND1 who wrote (16380)5/23/2001 1:20:46 AM
From: Boplicity  Read Replies (1) | Respond to of 30051
 
zeev, larry, thanks for the BTB discussion.

B



To: TREND1 who wrote (16380)5/23/2001 9:28:25 AM
From: Sabrejet  Read Replies (1) | Respond to of 30051
 
Larry, with all due respect, it seems that you selectively ignore the statistics you don't like. You also base many of your projections on the markets ability to see the future. I find that quite risky and very suspect, logically.

Question: What if the economy hovers at a zero growth rate and through some "unforseen" event not considerred by yourself, (such as the price of a barrel of crude getting way out of wack), what then do you see and how far out does this "bull" market go?

Those higher highs and higher lows are suspect because they aren't NEW highs. People assume quite regularly that the indicator you are referencing is true under any price structure. Not so.

Sabre!