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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (15169)5/27/1999 9:02:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
LG, yes the flag off the 8/4 lows was in hindsight obvious, but at that time I remember several bears expecting a much bigger rally to get short on and never did. dis ain't easy.

The flag off the 9/1 low was also obvious a bear rally, but it lasted much longer than most bears expected.

Image is nothing, timing is everything.

(btw, the .spf and xal rallies of the october lows looks just like that rally of the 9/1 lows)

bb


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