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exactly! it's all about what time frame you're looking at. i guess
the correction / bear market began for me when i was shorting the
market more than buying it.
but isn't the debate over " bull market correction" vs "bear market"
largely one of semantics? i mean, we generally all agree that the
market is in a downtrend. so, the downtrend will end for me when i'm
long more than short.
i guess in the final analysis, the terminology used is largely
irrevelant for short term to day traders such as myself. for me, any
trend on a 5 min or less time frame is tradeable, whether we're at s&p
100 16 years ago or 1200 a month ago.
TJ
i'd rather trade at 700 than 1200
---Timothy Morge wrote:
Here...let me help out. If someone asks me if we are in a bear market
now, I'd have to ask them what time frame. 15 minute chart, yes.
Hourly? Yes. Dailly?
Yes. Weekly...hmmmm..monthly? Errr Yearly...not yet...
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