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Earl, what's the significance of a bull flag to you? I see you have lower levels shown on your posted chart. Are you thinking those are
possible levels for a retracement? In any case, I'm thinking there may be significant new lows coming. Outside of lowered profits or outright
losses, I can't imagine what will cause it. Are there any ideas out there?
Ralph
Earl Adamy wrote:
> Does this look like a bull flag to anyone else out there?
>
> Earl
>
> ----- Original Message -----
> From: "Ralph Volpe" <rjv@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, October 10, 2001 10:53 AM
> Subject: [RT] Bull to Bear
>
> > I haven't heard much lately from the Bears, and I hope some are still
> > out there. It was my view nearly two weeks ago that a reversal was
> > imminent from the lows after the WTC, and that seems to have occurred,
> > but to a dramatically lesser degree then I expected. This rally has
> > significant flaws that I think will weigh heavy on any further progress
> > in the markets from today's close forward. Now, if there are any Bears
> > still out there, I'm ready to snuggle in with you. Is there room to
> > accept a recalcitrant Bull?
>
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