SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (21419)11/16/2001 9:31:43 PM
From: John Madarasz  Respond to of 209892
 
Sell and Hold

NDX daily Bullish %

stockcharts.com

COMPX

stockcharts.com

SPX Daily

stockcharts.com

Due next week are a report on new residential construction (Monday),
along with the index of leading economic indicators and a report on
international trade (both on Tuesday).

Have a great weekend...Dally Loo!



To: AllansAlias who wrote (21419)11/17/2001 12:39:34 PM
From: UnBelievable  Respond to of 209892
 
I Wonder If Sell and Hold Would Even Work

Your point about the significant differences between bull and bear markets is well taken. As is your observation that the strategies and techniques which are required to be successful in each environment are very different, as well as the fact that there are few if any people active in the market today with a significant amount of experience investing in bear markets.

My sense is that the differences derive from the fact that a bull market has no need to conceal itself. A bear market must.

If there were to be a consensus that we were in a bear market (a sustained negative trending market) there would be no reason for people to maintain their money in that market. In fact, in an efficient market, prices would drop to the point that they were low enough that it would be reasonable to expect them to once again increase going forward. But if that were to happen there actually would not be a bear market, rather there would be a bull market with occasional precipitous drops.

So the only way that there can be a bear market is it must avoid being identified as such. And it is in the ways that it does this, that the differences in the strategies and techniques which are required to be successful in each type of market derive.

As an example, which market has a higher percentage of positive closing days, a bull market or a bear market?