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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (33315)2/25/2002 11:09:26 PM
From: exp  Read Replies (1) | Respond to of 99280
 
Ajtj, mathematically, when in a downtrend, an up bounce will typically equal only 50-67% of the down slide, i.e. for any 80-100 pt bounce you get a subsequent 120-200 pt slide. So I am not even sure it is worth playing long bounces in a downtrend until that downtrend is reversed. As Zeev says playing it both ways causes lack of focus and confusion. What are your thoughts on that? BTW I really like the way you are thinking about market trends, bounces, etc.


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