To: Chip McVickar who wrote (512)
3/5/2001 2:35:09 PM
From: da_cheif™ (Original Post)
nice charts...but charts are divised to hide the truth and so many bears can attest to for the these past 14 years....you have to look past wat you see on the surface and look underneath starting with sentiment....the bear market label is now pasted firmly on the current action....such was the case in 87 90 94 98....the bear market label was attached to the market within days if not hours of the bottom....and in this case the split market environment has discombobulated everbody........the market loooks ugly but notice the weekly ad line of the big board...its been goin up for months.....diamonds are a bulls best friend.....murph says this..prechter says that eliadies says this richenbacher says that.....shall I keep on goin......not too many of us bulls around...just the way I like it......finbonacci relationships count 16600 as minumum expectation for the eventual breakout....
