|
PureBytes Links
Trading Reference Links
|
With all due respect,I do not believe I took a position on this data
but rather pointed out its availability.As with all biased data it has
faults and positive features.
I suggest being guided by price action and pivots.
John
------------------ Reply Separator --------------------
Originally From: HBernst963@xxxxxxx
Subject: Re: Linda Raschke - Trading Information
Date: 08/30/1999 10:51pm
The only problem with this kind of analysis is that anytime the market
has a
sharp runup you can then find a high correlation to a previous market
runup.
Does that mean the market will crash again like in 1987 or 1929? Who
knows?
The market has had alot of runups that didn't result in crashes such
as
1996,1995,1989,1983,1976,1975,1967,1964,1963,1958,1954 and 1953.
Howard
|