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


To: Ibexx who wrote (14431)2/26/1998 11:13:00 PM
From: the Druid  Read Replies (1) | Respond to of 94695
 
At the end of 1994, when this market rally began, very
few people were positive going into 1995. When the market
started going up, everybody jumped on the bandwagon. So
technicians don't have a good record of picking turns.
They certainly didn't call that one. Almost everyone, including fundamentalists, missed it.


This is impossible. How could the market rally if almost
everyone missed it?