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


To: sylvester80 who wrote (79952)6/17/2002 12:42:23 PM
From: vampire  Read Replies (2) | Respond to of 99280
 
yeah, soooo.....?



To: sylvester80 who wrote (79952)6/17/2002 12:56:35 PM
From: 16yearcycle  Read Replies (1) | Respond to of 99280
 
The vast majority here expects that all indications must be hit on a retest, but it's not the case at all, imho. If this is a bear like any other, the "retest" won't hit all the indicators, although it will be close. It got really close last week. If the market is acting like it wants to check off the whole list, it's not a retest...it's because new lows will be made. At a real bottom, even the best traders will be faked out, but they will recover. The average traders will get crushed because they will stay with their belief system too long. What's going to happen then? Who knows?