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In follow
up to my recent post on "How to catch
a "falling star?", Don Wilson of DONS FUNS fame has just issued a Bear
Market
warning, which in a nutshell reads:
"The market is severely oversold so we should see a rally in the
next few days. This rally may or may not be a profitable
rally.
The main thing to remember is the first "sustainable" rally after the
bear market is over is the most profitable rally for the next 4 to six years, you don't want to miss it. I said
"sustainable" rally, it will normally take a few head fakes or false
starts before we see the "sustainable" rally. So you say how will I
know when this sustainable rally arrives? You or me or no one on the planet
will know when it arrives. We must depend on the Managed Risk
Investing Signals " (i.e. Technical Analysis).
Again,
any indicator that might aid in foretelling this move will be appreciated by
all!
Dick H
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