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

To: bobby beara who wrote (1159)	8/9/2001 5:45:20 AM
From: Stephen M. DeMoss	Respond to of 1328

Bobby, Do you think we re-test (or come close to) April lows? Seems to me the overall trend is down across the board. Seems many stock prices have been decimated but some companies still have gone unscathed (IBM for instance). Can pain be unevenly distributed in a ruthless market? My trend following says this down move may be longer than most think (like early seventies?) as growth is absent and the slowing seems to be spreading. Hard (IMO) to rally when no one can see much happening (positively) till maybe a year from now. I am not a trader like LG. I more like to be following a trend and staying with it until the trend changes. Do you agree that the trend still is down? Steve D.