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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (12297)11/9/2002 2:26:38 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
The key for me is that when you compare the April/May 2001 rally to the Oct 2002 rally, this most recent rally happened in 2/3rds the time that the April/May 2001 rally.

So my assumption is, Faster rally, faster decline.

Whether or not that is a good assumption is yet to be seen.

One of the things that I am weighing is that there will be a January effect this year. And therefore the bottom has to come in January.



To: ajtj99 who wrote (12297)11/9/2002 3:28:46 PM
From: mishedlo  Respond to of 57110
 
Interesting double top in Summer of 2000. Could this be similar to that period? We'll see

Aj that is what I see. DEpends on what happens after expiry
If the bounce commences I expect a double top in Jan


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