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


To: Bull RidaH who wrote (37467)2/18/1999 2:28:00 AM
From: Vitas  Read Replies (1) | Respond to of 94695
 
>>>The peak in '69 matches up perfectly with our 7/20/98 peak, the bottom in '70 matches up with our 10/8/98 bottom, and the rally into '71 matches up perfectly with our rally into 2/1/99. A/D and summation action is almost identical. Notice the % gain of that 3 yr. rally without typical bull market confirming indicators... CLOSE TO 60%!!! <<<

Well, without looking closer, my best guess is that the '69 period was after the cusp, and therefore, a different situation. In the sense of the
markets coming down within a ten year period, or going up. The a-d line declined from 57 or 61 take your pick. (gotta look again).

I will probably have to start up a website where I can graphically
show what I think is going on. ( too many charts Monty)

Vitas