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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (11967)12/20/1997 1:31:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Bill,

For a 3 line break, are you talking about three consecutive lower daily lows or is this something more than that?

GZ



To: William H Huebl who wrote (11967)12/20/1997 3:13:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
Bill, Re: old power full moves before a bear market.

The 1962 bear market had 3 powerful moves down with recoveries until it gave up. These moves were over a year time frame. The 1966 and 1969 bear market also had 3 powerful moves.

The 1974 bear was really choppy at the top and during the down trend..tried to recover all the way from 1050 to 550. 50% hair cut. Same with the 1977 and 1978 bear market. 77 and 78 bear was only about a 30% hair cut.

They all seem to develop into their own characters.

Joan