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Re: Buy Signals in a Bear Market



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Don't throw Technical Analysis out in a Bear Market.

When your buy signals fail, the market is giving you further evidence that 
you are in a Bear market and you are attempting to trade against the major 
trend, be it short-term, intermediate-term or long-term.  "The trend is your 
friend." "Don't fight the tape."

Technical Analysis is used to help identify changes in direction of trend. 

Technically yours,

WCM