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


To: donald sew who wrote (33277)11/9/1998 3:47:00 AM
From: EepOpp  Read Replies (2) | Respond to of 94695
 
donald,

is it possible for technicals to be so far in the extreme that they actually become a confirmation signal? i ask because isn't it possible to a market to be overbought/oversold for quite sometime and continue to move up/down?

as an example, the p/e arguement is often brought up and yet the market has stayed in the high p/e range now for years...

just wondering...

Will