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To: Justa Werkenstiff who wrote (74578)5/27/2003 9:43:55 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Absolutely, Justa. Compared to other bottoms, this one was nothing. But it did meet the minimum criteria.

I think the only failure I could find for a 90% upside day coming closely after a 90% downside day was late August 1990.

In the January 1974 failure, the 90% upside day came a month after the final 90% downside day. A 90% downside day came a week later, but the market still went on to higher highs after that.


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