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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (13688)8/3/1998 7:45:00 PM
From: bobby beara  Read Replies (2) | Respond to of 42787
 
Chris, increasing evidence we are in a bear market and sell the rallies will be better than buy the dips. We would have seen a nice rally off these oversold lows here in the bull, times have changed, we have closed below the April highs on the SPX, thrice and dat ain't nice.

I think the bubble popped with that pinpoint on 7/20. Earnings are under pressure and have been ignored for the last year. The value of tulips in the 1600's was ignored far too long also. RUT very close to October lows and these are the weak of the herd, will the rest follow in the drought?

JMO, maybe you should turn your excellent t/a into short side until the 4/8 year cycle low in October.

bb