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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Boca_PETE who wrote (16323)7/25/2002 10:30:52 AM
From: lifeisgood  Read Replies (1) | Respond to of 42834
 
Don Hays capitulates. It's time to buy. It might only be a matter of time before BB capitulates and then it will be time to buy with both hands.

Separately, Don Hays of Hays Advisory Group admitted (finally) his "new bull market" thesis had burst after all major averages careened through their Sept. 21 lows. An "embarrassed and humble [d] " Hays was "reluctantly selling some stocks," despite "super-strong evidence that a major bottom will be made in the next few days." (Uh-oh.)

thestreet.com

best...

LIG



To: Boca_PETE who wrote (16323)7/25/2002 5:02:46 PM
From: geode00  Respond to of 42834
 
My understanding is that a counter-trend rally have a 3-6 month shelf life, whereas a cyclical bull market could have a 1-3 year duration (longer-term). IMHO that's a reasonable definitional non-calculus differentiation.

MT September 01

"we believe the most likely scenario will be for a cyclical bull market with a minimum duration of six-to-twelve months."

IMO, after much discussion about the lack of differentiation between a 2-6 month CTR and a 6-36 month CB on the net, Bob revised the CB to be a minimum of 1 year which he currently uses. ROTFLMAO.