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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (10352)12/6/1997 9:23:00 AM
From: Zeev Hed  Respond to of 18056
 
Bonnie, that chart, I believe prove my point that the bear market has actually started. The small problem is, however, you need a slightly "longer" divergence in time to be on the safe side, thus we may indeed breach the high in the Dow (and as usual, I'll be wrong again).

Zeev



To: Bonnie Bear who wrote (10352)12/6/1997 10:54:00 AM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Bonnie,

Interesting.

From the chart, an identical divergence occured in late Jan and led to the drop in March and early April.

stockmaster.com

Thanks.

John




To: Bonnie Bear who wrote (10352)12/6/1997 6:29:00 PM
From: robnhood  Respond to of 18056
 
BB,,,excellent chart,,,sort of backs up the feelings,,,,notice that allthough the small caps are not following ,,they are still a lot higher than they were a few months earlier,but now they could be (mis)construed as bargains,,,a lot of distribution in these would be viable right now.....
rr


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