44 replies to this topic

[trioderob]

bears: if this really WAS the start of a bull market what would be different?

[MoneyFriend]

bears: if this really WAS the start of a bull market what would be different?

A very honest question. I wish I knew.

[IYB]

bears: if this really WAS the start of a bull market what would be different?

Price would be ABOVE (not below as now) the 13 month MA which in turn would be RISING (not falling as now). Regards, D

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-01-28&i=p39183268817&a=149688849&r=1551.png

[MoneyFriend]

bears: if this really WAS the start of a bull market what would be different?

Price would be ABOVE (not below as now) the 13 month MA which in turn would be RISING (not falling as now). Regards, D

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-01-28&i=p39183268817&a=149688849&r=1551.png

That's a valid point. But to be fair, March and April of 03 were technically the start of the last bull, and they were under a declining 13 month ma.

Edited by MoneyFriend, 19 May 2009 - 05:12 PM.

[thespookyone]

IYB-Simple, elequent, and proven-love the way you work! Money-Frontrunning is something you may want to weed out of your trading style-the rewards are small compared to the total gain available-and on the other hand-the punishment can be severe.

Edited by thespookyone, 19 May 2009 - 05:20 PM.

[trioderob]

bears: if this really WAS the start of a bull market what would be different?

Price would be ABOVE (not below as now) the 13 month MA which in turn would be RISING (not falling as now). Regards, D

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-01-28&i=p39183268817&a=149688849&r=1551.png

That's a valid point. But to be fair, March and April of 03 were technically the start of the last bull, and they were under a declining 13 month ma.

AND WHAT ABOUT MID 1988 ?
DECLINING 13 MONTH MA.
MARKET STILL IN MAJOR RALLY MODE ?

[MoneyFriend]

AND WHAT ABOUT MID 1988 ?
DECLINING 13 MONTH MA.
MARKET STILL IN MAJOR RALLY MODE ?

Did you have to go all caps on us??

[thespookyone]

Bob=Major rally mode? You are the perfect picture of denial here, reaching out to 1 short period in a chart with a time span covering 28 years -price will teach you what you do not care to learn. Bummer really-it's a lot more painfull that way than learning from those amongst us with proven skills that are so gracious to share-like IYB. I guess when you asked the question-you were confident it could not be well answered.

Edited by thespookyone, 19 May 2009 - 05:38 PM.

[Russ]

Larry T detailed why we are still in a bear market, because each rally went back down below the previous highs, bull market rallies don't do that.

[CHAx]

This type of speculation will not help you make money. We wont know until it comes to pass. Trust only your indicators, be nimble, and be humble because the market hates hubris. For me, I am going to stop trying to know the IT turning point because my daily stuff (swing signals) are getting chopped up badly, and my 65 minute stuff is working about 85% of the time. Frankly, I think the 65 minute stuff is the only thing worth trading at this point until the trend changes. In the meantime, its back to buying the hourly buy signals.