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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: lurqer who wrote (39789)9/21/2002 1:23:33 PM
From: Gersh Avery  Read Replies (2) | Respond to of 52237
 
"crash" is bull market thinking ..

As long as everybody fails to recognize the bear, the longer it will continue.

As everyone looks for the bottom to buy, there will be another lower than the last.

"crash" is a sharp spike down. The expectation is that the market will bounce back up from there. This is the same picture as a sharp correction in a bull market. It hits and is then gone and we are back to the races again.

There was a "crash" in '87. Yet that year is considered by most as to have been within this "longest running bull market in history." See .. '87 was just part of the overall bull market.

We are now in a bear market that will last many years .. maybe decades. Any corrections within this bear will be to the up side .. ie crashes up!!

This market is for short and hold .. it's risky to close out parts of shorts and maybe miss the next move down. And it'll stay that way until nobody is looking for a bottom anymore ..



To: lurqer who wrote (39789)9/23/2002 9:56:24 AM
From: Paul Shread  Respond to of 52237
 
No, I've never seen that before, and need time to study it.

The Lowry's study is pretty compelling, IMHO, and I've seen the data much further back than the 40 years in the published version. I don't know of a cyclical or secular bull that began without the 90/90 combination.



To: lurqer who wrote (39789)9/23/2002 10:56:42 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
They look like completely different things, lurqer. Hamilton is studying crashes off tops, Lowry's is studying bottoms.