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The following post of 2/25 is relevant to your
question. No EW indicators were used .
Dom
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Dom
Perrino
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, February 25, 2001 10:59
AM
Subject: [RT] Market update
The sell signal I posted on
2/1 remains in effect. Any forthcoming rally will not be worth
trading. This is also true even if the fed cuts rates prior to the next
meeting .(A rumor has the fed cutting rates this coming Tuesday 2/27).The
reasoning behind this rumor is that the fed will cut after release of the
consumer confidence, which is expected to have declined even further. A good
tradable bear market rally is not here yet based on the indicators I use. I
mentioned some of those indicators on the 2/1 post. IMO the bear is
still alive and well and a significant bear rally has not arrived yet.
The bear market isn't over till it's over (Yogi}
DomTo
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